Laurene Powell Jobs joins Amazon in backing nuclear startup X-Energy in $700M round

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Nuclear Startup X-Anez has added $ 500 million to $ 200 million to the C-round.

Specialist Had previously announced an agreement In October, Amazon, including an investment and development agreement for the construction of a 300 MW of valuable nuclear power plant in the North West of the Pacific.

Among the new investors in the round are Ares Management, Lauren Powell Jobs’ Emerson Collective, Jane Street and Segra Capital Management.

X-Anez is one of the many nuclear initiatives that benefit from the AI-powered Data Center Boom in addition to the Trump administration’s nuclear power support.

The company’s XE -10 furnaces will produce 80 MW of electricity or about 50,000 houses are expected for electricity.

The furnaces are driven by the so -called Triso fuel, which was designed to be safer than more commonly used fuel rods. Each “gravel” of the fuel contains about 18,000 post-seed size, carbon-elaborated uranium particles and a single furnace will be loaded with 200,000 gravel.

X-Anez expects Amazon’s first reactor to come online in the early 2030s.

The agency says the new fund will help to complete its furnace design and licensing in addition to the first phase of its fuel fuel in the Oak Ridge of Tennessee.

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