Nvidia, Google, and Bill Gates help Commonwealth Fusion Systems raise $863M

Commonwealth Fusion Systems, a company working on commercializing fusion power, has raised $863 million in its latest funding round. This round was led by major investors, including Nvidia, Google, and Bill Gates' investment firm Breakthrough Energy Ventures. The company's goal is to develop a fusion power plant that can send electricity to the grid by the early 2030s. Fusion power, which generates energy by fusing atoms together, is seen as a potential solution to the world's energy challenges, as it produces minimal waste and does not emit greenhouse gases. With this latest investment, Commonwealth Fusion Systems has now raised nearly $3 billion in total. The company plans to use the funds to advance its technology and move closer to its goal of delivering fusion power to the grid. This significant investment from high-profile investors underscores the growing interest and potential of fusion energy as a sustainable energy source for the future.