Google backs Proxima Fusion with $468M to build Europe's first fusion plant
Google has invested $468 million in Proxima Fusion, a European nuclear fusion startup working to build the continent's first commercial fusion power plant. The company is developing stellarator technology and aims to have a demonstrator operational by the early 2030s. While backing the venture, Google has cautioned that significant challenges remain on the path to commercialization. The investment reflects growing global competition in fusion energy, with Europe seeking to keep pace with the United States and China in the race to achieve viable fusion power.
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