Particle.news
Download on the App Store
5 ARTICLES
·
6h ago

Nvidia Joins $650 Million Funding Round for TerraPower’s Small Modular Reactors

The deal illustrates tech leaders’ drive for reliable nuclear power with the Wyoming SMR preparing for a 2026 NRC review.

Nuclear power plant
TerraPower's system uses a 345-megawatt sodium-cooled fast reactor, operating at lower pressures than traditional water-cooled reactors.
Image
Image

Overview

  • Nvidia’s NVentures teamed up with Bill Gates and HD Hyundai to provide $650 million in financing for TerraPower’s Natrium project.
  • Construction has started on the non-nuclear portions of the 345-megawatt SMR and its molten salt energy storage system in Wyoming.
  • TerraPower anticipates full approval from the U.S. Nuclear Regulatory Commission in 2026 and plans to begin power production by 2030.
  • The Natrium design integrates a small modular reactor with molten salt storage capable of delivering up to one gigawatt of dispatchable power.
  • Major cloud providers including Amazon, Microsoft, Google and Oracle are launching their own SMR initiatives to secure clean, scalable energy for AI data centers.