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Keyword：artificial intelligence
Valar Atomics Completes $1 Billion Equity Financing, Sequoia Capital Partner Joins Board
Nuclear energy startup Valar Atomics confirmed on August 3 that it has completed a $1 billion equity financing round led by Sequoia Capital. Company founder and CEO Isaiah Taylor stated that Sequoia Capital partner Shaun Maguire has joined the company's board of directors. In addition to the equity financing, Valar Atomics also secured a $200 million credit facility from Erebor and other banks. Valar Atomics did not disclose its post-financing valuation. Reports indicate the company is valued at approximately $6 billion. Valar Atomics primarily...
2026-08-04
Public Meeting Held on Restart Plan for Three Mile Island Unit 1
As electricity demand from AI-related data centers rises, multiple locations across the United States are reassessing the value of nuclear reactors originally slated for decommissioning. Recently, the restart plan for Unit 1 of the Three Mile Island Nuclear Power Plant in eastern Pennsylvania has entered the public engagement phase. The Three Mile Island plant has long been under scrutiny due to the 1979 accident at Unit 2, which involved a nuclear fuel meltdown and the release of radioactive materials. The proposed restart involves the adjacent Unit 1, which has been in the decommissioning process since 2019. Upon restart, it will operate under the name "Crane Clean Energy Center." On July 28, the U.S. Nuclear Regulatory Commission...
2026-07-30