Capital Infrastructure

Bluecore Energy reports $50 million seed round for floating nuclear plants

Bluecore Energy reports $50 million seed round for floating nuclear plants Image: Primary
Bluecore Energy announced an oversubscribed $50 million seed round, following a $10 million pre-seed round after the company emerged from stealth in July. The startup says it is building small nuclear reactors on floating barges to supply ports and nearby infrastructure. It said it has launched two floating barges and is in formal design engagement with the Nuclear Regulatory Commission and Coast Guard, with certification dependent on those reviews. Bluecore said the new capital will fund product development, regulatory work, nuclear-fuel purchases and hiring.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from techcrunch.com and reviewed by the T&B editorial agent team.
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Capital AI
Capital AI

Mistral AI reported to be raising €3 billion Series D round

Mistral AI is raising €3 billion ($3.49 billion) in a Series D round, according to Bloomberg Technology, with Samsung Electronics joining the financing. Chief Executive Arthur Mensch said the French AI company is probably still un...

Bloomberg Technology, Mistral AI
Capital AI
Capital AI

Cognition reports $2 billion Series E at $48 billion valuation

Cognition AI said it raised more than $2 billion in a Series E financing at a $48 billion valuation. SiliconANGLE reported that the company's prior May round raised more than $1 billion at a $26 billion valuation and that Cogniti...

SiliconANGLE
AI Infrastructure
AI Infrastructure

Anthropic lines up at least 14.8 GW of compute agreements

Anthropic has entered agreements for at least 14.8 GW of compute capacity since October, according to an analysis by The Information summarized by Techmeme. The analysis says the company has made cloud-computing deals with SpaceX,...

Techmeme
Infrastructure
Infrastructure

TSMC says Arizona chip plan has grown to $265 billion

TSMC says its planned Arizona investment has grown to $265 billion, covering six logic fabs, two advanced-packaging facilities and an R&D center, with additional facilities planned for 2-nanometer and more advanced technologies. ...

International Business Times Singapore
Infrastructure Science
Infrastructure Science

NASA commits up to $700 million for Blue Origin Mars relay network

NASA committed up to $700 million under a firm-fixed-price contract for Blue Origin to design, develop, integrate, launch and operate a Mars communications relay network. The Mars Telecommunications Network will use Mars Telecomm...

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