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by HarHarVeryFunny
1139 days ago
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There seem to have been very few details released so far as to the exact nature of the agreement between Helion and Microsoft, but I think it's almost guaranteed to include an investment in Helion by Microsoft (maybe a series of investments based on meeting development milestones?), in addition to eventual power purchase agreement. Helion gets continued funding from Microsoft (maybe increasingly expensive at this stage as they scale the tech up and operationalize it). Microsoft gets good PR, a likely profitable investment, and eventually cheap electricity as a bonus. I believe Sam Altman has most of his personal net worth (to tune of few hundred million) invested in Helion, and no doubt brokered this deal, so it can also be seen as a doubling-down by Microsoft of their relationship with and commitment to OpenAI/Altman. |
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