TAE Technologies has announced a successful funding round of $150 million, enabling further development of its fusion technology. This marks the twelfth funding round for the company, which has raised approximately $1.8 billion total. Notably, TAE has evolved its fusion reactor design to simplify operations, eliminating the need for two plasma balls and significantly reducing the complexity of achieving stable plasma. Collaborating with Google, TAE utilizes machine learning for optimizing fusion conditions, greatly increasing efficiency, with the goal of achieving commercially viable fusion that requires heating plasmas to 1 billion degrees Celsius.
TAE Technologies has raised $150 million this week in a funding round aimed at advancing their fusion power technology, reflecting significant interest from major investors.
TAE has developed a new method for plasma stabilization using AI, reducing operational complexity and costs, positioning them for commercial fusion power viability.
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