Microsoft agrees to buy electricity generated from Sam Altman-backed fusion company Helion in 2028
www.cnbc.com
Sam Altman has invested $375 million into Helion. His other big bet is artificial intelligence company OpenAI, in which Microsoft is an investor.

Helion is expected to have its fusion generation device online by 2028 and to reach its target power generation of 50 megawatts or more within an agreed-upon one-year ramp up period. When the fusion device is fully up to speed producing 50 megawatts of energy, it will be able to power the equivalent of approximately 40,000 homes in Washington state.

While Helion’s deal with Microsoft is to get 50 megawatts online, the company eventually aims to produce a gigawatt of electricity, which is one billion watts, or 20 times the 50 megawatts it is selling to Microsoft.

Microsoft will pay for the megawatt hours of electricity as Helion delivers them to the grid.

  • InevitableSwing [none/use name]
    ·
    6 hours ago

    ai training facilities in other countries to take advantage of cheap electricity.

    I hadn't even considered that and I can imagine something. After the facilities get broken into - the companies will scream and yell they need emergency federal funds to "harden" their facilities against future attacks. In short order they'll get tens of billions of dollars. But then the executives will forget all about their facilities and spend nearly 100% of the money on stock buy backs which props up their stock prices and makes themselves even richer.