Less than a year after layoffs and a public plea by its CEO for new investments, General Fusion announced a $1 billion SPAC deal to take the fusion energy company public.

General Fusion's merger with an acquisition company will net the company over $300 million. Just last year, the company ran into trouble raising money from other investors.

General Fusion looks to go public by mid-2026 in a deal that could provide up to US$335 million to advance research into ...

Nuclear energy startup General Fusion said on Thursday it will go public in the U.S. in a deal of about $1 billion with blank-check company Spring Valley Acquisition Corp. III, as demand grows for ...

A new rule weighs in on the use of turbines at data centers like xAI’s Memphis-area facilities.

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Zanskar will use the funding to expand its AI discovery platform and to begin building geothermal power plants at sites it ...

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Lightsource bp and Toyota Motor North America have finalized a virtual power purchase agreement (VPPA) for energy from the ...

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If the SPAC deal succeeds, General Fusion would be the first “pure play” fusion company to go public. Private fusion energy developer TAE Technologies agreed last month to merge with Trump Media & ...