Tennessee, USA - Type One Energy claims fusion energy can produce electricity within the next decade. The startup is focused on stellarator technology, a fusion reactor type from the 1950s.
The technology uses AI and supercomputers to accelerate development and testing. Type One Energy asserts its stellarator technology is ready for implementation at existing power plants.
The company has raised $82.4 million and will soon test its technology with the Tennessee Valley Authority. Fusion energy offers a solution for handling AI's soaring energy demands, deploying near data centers or industrial parks.