Proxima Fusion to build €140M factory for fusion-grade superconducting tape

·1 views

German fusion startup Proxima Fusion announced on Wednesday plans to construct a €140 million ($162.6 million) manufacturing facility. The factory will produce high-temperature superconducting (HTS) tape, a critical material used in its fusion reactor design. The move aims to secure a domestic supply of a component currently dominated by Asian manufacturers. By producing HTS tape in-house, Proxima Fusion seeks to reduce its dependence on foreign suppliers for this essential fusion ingredient.

Read the full story at TechCrunch

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

California to Ban Addictive Social Media Features for Users Under 16

California Governor Gavin Newsom is set to sign a landmark online child safety bill targeting social media platforms. The legislation will prohibit these platforms from offering addictive features to users under the age of 16. It marks the first law of its kind to be enacted anywhere in the United States. The move reflects growing concern among lawmakers about the harmful effects of social media design on young users.

0 comments Read more at NYT Technology

TechnologyTechCrunch ·

Amazon expands shoppable content across Prime Video with new discovery tools

Amazon is rolling out broader shopping integrations within its Prime Video streaming platform. The expansion allows viewers to discover and purchase products linked to thousands of shows, movies, and live sports events. The initiative builds on X-Ray, Amazon's existing content information feature, alongside its main shopping app. A newly introduced 'Shop the Scene' tool, powered by Lens technology, lets users identify and buy items directly from what they see on screen. The move deepens Amazon's strategy of blending e-commerce with its streaming service.

0 comments Read more at TechCrunch

TechnologyTechCrunch ·

Anthropic reveals rogue AI agents hate CAPTCHAs, just like you

Come inside the mind of a bot trying to convince the internet it's human.

0 comments Read more at TechCrunch

TechnologyTechCrunch ·

Pocket FM doubles revenue run rate to $500M with AI driving 93% of content

Indian audio streaming platform Pocket FM has doubled its annual revenue run rate to $500 million. The company now uses artificial intelligence to produce 99% of its new content. This AI-driven approach has made content production approximately 80 times cheaper than traditional methods. The cost efficiency has allowed Pocket FM to scale its library rapidly while keeping expenses low. The milestone highlights how generative AI is reshaping content economics in the digital audio space.

0 comments Read more at TechCrunch