This $470mn nuclear startup is racing a presidential deadline, not the AI boom

Most of the money pouring into small nuclear reactors is chasing AI data centres. This round is chasing a date. Antares has raised $470mn, co-led by Paradigm and Caffeinated Capital, with Point72 Ventures, Shine Capital and Industrious Ventures joining. The split is $370mn of equity and $100mn of debt, Bloomberg reported. The company was founded […]
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