United States President Donald Trump is getting into the fusion power business through a $6bn merger of his social media firm and Google-backed TAE Technologies, just days after industry representatives urged federal funding.
The all-stock deal, announced on Thursday, is an ambitious bet on the power boom spurred by artificial intelligence (AI) data centres and adds to the Trump family’s growing roster of diverse ventures from cryptocurrency to real estate holdings and mobile services.
Fusion is guaranteed not to interfere with that.
Hey now, fusion will be ready around the same time AGI is achieved, so it is a brilliant investment to tie the two together.
I don’t even doubt somebody will achieve net-energy positive fusion in the near future (not those startups, though). But that is still not enough to change anything in the energy market.
The first many decades of fusion will be ridiculously expensive.