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7 mentions found


☆ The breathtaking scope of Sam Altman's future AI empire
  + stars: | 2024-03-07 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +9 min
If Sam Altman is to achieve his dream of artificial general intelligence in his lifetime, that number will need to double or triple every year for the foreseeable future. These wide-ranging plans for global transformation go far beyond Altman's role as the CEO of generative AI behemoth OpenAI, developer of ChatGPT. EnergyThe first pillar of Altman's grand unified theory of the future rests on energy. Headlining the event was company chairman and investor Sam Altman, who appeared via video call projected on a towered cineplex. And Altman's AGI empire extends beyond just the energy and raw material required to build AGI.
Persons: Sam Altman, he's, Altman, it's, Max, Jack, Sam himself, Sam, David Kirtley, Helion, He's, Joe Betts Lacroix, Lacroix, where's, Joe Biden, Tade Oyerinde, Oyerinde, Ali Ghodsi, Ghodsi Organizations: Nvidia, Business, Elon, Altman, OpenAI, Energy, Bloomberg, Concorde, Wall Street, Retro Biosciences, Capitol, PAC Locations: Silicon Valley, OpenAI, Davos, New York, Redmond , Washington, Washington
☆ A Sam Altman-backed startup is betting it can crack the code on fusion energy. Here's how it's trying to bring that to the masses by 2028.
  + stars: | 2023-06-03 | by ( Britney Nguyen | ) www.businessinsider.com   time to read: +5 min
The race is on for clean energy company Helion Energy to build a fusion power plant capable of producing enough electricity for tech behemoth Microsoft in five years. Electromagnetic coils that will be used in Helion's seventh fusion energy prototype, Polaris. "But we've never been able to harness it on Earth in a way that we can produce electricity from it." A graphic explaining how Helion's fusion energy technology works. That means if something happens to the machine producing fusion energy, it will shut down immediately.
Persons: Sam Altman, Altman, Scott Krisiloff, Helion, Krisiloff, Helion Krisiloff, we've, Helion's, Energy Krisiloff, It's Organizations: Helion Energy, Microsoft, Energy, behemoth Microsoft, Polaris, International Atomic Energy Agency, Fusion Locations: Helion
☆ Microsoft bets that a fusion power plant from Helion Energy will be operating this decade
  + stars: | 2023-05-12 | by ( Catherine Boudreau | ) www.businessinsider.com   time to read: +5 min
Microsoft agreed to buy electricity from a fusion power plant being developed by Helion Energy. Microsoft on Wednesday agreed to buy 50 megawatts of electricity — enough to power about 40,000 homes — from a fusion power plant being developed by Helion Energy. The seventh prototype, expected be completed this year, is set to be the first to convert fusion energy into electricity, Kirtley said. If Helion doesn't deliver Microsoft the 50 MW of electricity from its fusion power plant, there will be financial penalties, Kirtley said. Helion had previously projected that it would start building a commercial fusion power plant by 2022 — if it obtained sufficient funding.
☆ Microsoft says commercial use of fusion-produced energy will be available within 5 years as part of new deal with Sam Altman-backed Helion
  + stars: | 2023-05-11 | by ( Aaron Mcdade | ) www.businessinsider.com   time to read: +3 min
Microsoft and fusion energy company Helion announced a first-of-its-kind contract Wednesday. Fusion is the clean energy source of the stars in space, but experts have said it's likely still decades away on Earth. Microsoft and Helion, a research company backed by OpenAI CEO Sam Altman, are teaming up to make fusion-produced energy available commercially much sooner than experts previously estimated. "We are optimistic that fusion energy can be an important technology to help the world transition to clean energy," Smith said in a statement. HelionIn December, the Department of Energy announced what many saw as a breakthrough in the world of fusion energy, when the first nuclear fusion reaction was conducted that created more energy than it used.
☆ Microsoft to buy power from nuclear fusion company Helion
  + stars: | 2023-05-10 | by ( Timothy Gardner | ) www.reuters.com   time to read: +3 min
WASHINGTON, May 10 (Reuters) - Private U.S. nuclear fusion company Helion Energy will provide Microsoft (MSFT.O) with electricity in about five years, the companies said on Wednesday, in the first such deal for the power source that fuels the sun but has been elusive on Earth. Government labs and more than 30 companies are racing to generate power from fusion, which could one day help the world slash emissions linked to climate change. Helion's plant is expected to be online by 2028 and will target power generation of 50 megawatts or greater after a one-year ramp up period, it said. Polaris, Helion's seventh generation machine, should come online next year and demonstrate electricity generation, using a mix of laser and magnet technologies to achieve fusion, Kirtley said. In 2021, Helion was the first private company to achieve 100 million degrees Celsius and the optimum temperature is about twice that, Kirtley said.
☆ Microsoft agrees to buy electricity generated from Sam Altman-backed fusion company Helion in 2028
  + stars: | 2023-05-10 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +10 min
Photo courtesy HelionMicrosoft said Wednesday it has signed a power purchase agreement with nuclear fusion startup Helion Energy to buy electricity from it in 2028. "This is the first time that I know of that a company has a power purchase agreement signed," Holland told CNBC. The potential of fusion is "unbelievably huge," Altman told CNBC. As of Tuesday, this is still his largest investment ever, Altman told CNBC. Carbon-free energy includes hydro, nuclear and renewables for Microsoft, a Microsoft spokesperson told CNBC.
☆ What it feels like to visit a fusion company lab on a day when wildfire smoke cloaks the horizon
  + stars: | 2022-11-04 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +13 min
The Helion Energy building under construction to house their next generation fusion machine. For the employees of Helion Energy, building a fusion device is their job. Helion Energy's building under construction to house the seventh generation fusion machine on a day when wildfire smoke was not restricting visibility. On the one hand, I had a newfound sense of hope about the possibility of fusion energy. This is the Polaris Injector Test, where Helion Energy is building a component piece of the seventh generation fusion machine.
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