<div id="readability-page-1"><div><div>Nvidia Corporation's NVDA venture capital arm, NVentures, has joined a $650 million funding round for TerraPower, a nuclear energy company founded by Microsoft Corporation MSFT co-founder Bill Gates.What Happened: The investment also includes participation from HD Hyundai and aims to bring TerraPower's Natrium reactor online in Wyoming by 2030.TerraPower's reactor design, developed with the U.S. Department of Energy's Advanced Reactor Demonstration Project, features a 345-megawatt small modular reactor (SMR) coupled with a molten salt energy storage system that can scale up to 1 gigawatt.Construction has begun on non-nuclear parts of the facility, but full regulatory approval from the Nuclear Regulatory Commission is not expected until 2026, reported The Register.The company originally planned to launch in 2028, but delays followed the loss of its Russian fuel supply after the Ukraine invasion.Why It's Important: With generative AI models demanding massive computing power, data centers are struggling to find clean, scalable and reliable energy sources. Nuclear energy—particularly small modular reactors—is increasingly viewed by tech giants as a long-term solution.Head of NVentures, Mohamed Siddeek, said nuclear will be essential &#34;as AI continues to transform industries.&#34;TerraPower has already signed an agreement to supply nuclear power to Sabey Data Centers and joins a growing list of nuclear efforts across the tech sector. Amazon.com, Inc. AMZN, Microsoft and Alphabet Inc.'s GOOG GOOGL Google have all announced partnerships or projects involving nuclear energy.Price Action: Nvidia shares have risen 5.18% since the start of the year and are up 11.24% over the past 12 months. On Wednesday, the stock advanced 0.94% to close at $145.48, per Benzinga Pro.Benzinga’s Edge Stock Rankings indicate consistent upward momentum for Nvidia across short-, medium and long-term timeframes. Additional performance insights are available here.<ul> <li>‘Most People Don’t Have The B**ls To Do It,’ Says Mark Cuban, Praising Musk For Going ‘All In’ With His Own Money For His Startups</li> </ul>Photo: Hepha1st0s On Shutterstock.com</div></div></div>

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Nvidia's NVentures has invested in a $650 million funding round for TerraPower, a nuclear energy company founded by Bill Gates. The investment aims to bring TerraPower's Natrium reactor online in Wyoming by 2030, featuring a 345-megawatt small modular reactor. With the rise of AI, nuclear energy is seen as a crucial solution for data centers seeking reliable energy sources. Nvidia shares have increased by 5.18% this year, reflecting positive market momentum.

- Nvidia's venture capital arm, NVentures, has invested in a $650 million funding round for TerraPower, a nuclear energy company founded by Bill Gates.  
- The investment aims to bring TerraPower's Natrium reactor online in Wyoming by 2030, with construction already underway on non-nuclear parts of the facility.  
- As tech companies seek reliable energy sources for data centers, nuclear energy, particularly small modular reactors, is increasingly seen as a viable long-term solution.

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Bill Gates Lands Nvidia As Partner In $650 Million Nuclear Push To Power AI Revolution