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OpenAI is in early talks with Helion Energy for up to 50 gigawatts of fusion power by 2035 to supply AI data centers. Helion already has a 50MW deal with Microsoft and competes with Commonwealth Fusion Systems, which has agreements with Google, as the race for clean AI energy heats up.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02OpenAI CEO Sam Altman is in discussions with Helion Energy to secure fusion power as the
00:07company seeks a long-term energy source for AI, according to Axios. The proposed agreement would
00:13give OpenAI access to about 12.5% of Helion's output, equal to roughly 5 gigawatts by 2030
00:20and scaling to 50 gigawatts by 2035. Helion is working towards scientific breakeven,
00:26where energy output exceeds input, a milestone no private firm has reached.
00:30The deal remains in early stages with conditions pending, including a production site.
00:36Helion has a 50-megawatt agreement with Microsoft and competes with Commonwealth Fusion Systems,
00:41which has deals with Google. Altman, an investor who led Helion's $500 million series E-Round
00:47and holds an undisclosed stake, has stepped down as board chair and is not involved in the negotiations.
00:53For all things money, visit Benzinga.com.