Search results for Plasma
Industry
Desktop fusion device achieves 11 million-degree plasma milestone toward commercialisation
U.S. fusion startup Avalanche said it has generated plasma of about 11 million degrees Celsius in a desktop-sized prototype, reaching a temperature close to the sun’s core. The company said this clears a key technical threshold for fusion, though it does not mean net energy production. Avalanche is pursuing a small, low-cost system and said it has raised less than $50 million to reach this stage. The result has not been peer reviewed.
Industry
Helion raises $465 million, accelerates goal to supply fusion power to Microsoft by 2028
U.S. fusion startup Helion Energy raised $465 million in new funding, valuing the company at $15.5 billion. Helion said it will use the money to accelerate construction of its first commercial power plant, the Orion project planned in Washington state, and aims to supply fusion electricity to the grid as early as 2028. The company has a power supply contract with Microsoft for its data centres and says it plans to deliver by 2028.
AI & Enterprise
Korea\'s science ministry launches AI and S&T innovation technology development to boost research productivity
South Korea\'s Ministry of Science and ICT is launching a new research and development program to innovate science and technology research methods using artificial intelligence. The ministry held a project kick-off briefing on June 4 for the AI+Science and Technology innovation technology development program. It selected six projects across six key fields and will invest 22.5 billion won from 2026 to 2029. The program will support computing infrastructure and open research data and AI models through a public platform.
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Crypto
Ocero raises $13.5 million led by Sky for stablecoin yield infrastructure
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Crypto
Ceasefire, ETFs and Tesla earnings set crypto market test this week
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Crypto
Ethereum rebounds as ETF inflows and Bitmine buying lift prices, but sustainability remains unclear
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Industry
Applied Materials unveils two deposition systems for sub-2 nm GAA processes
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AI & Enterprise
ETRI demonstrates next-generation DRAM architecture without capacitors
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Industry
U.S. Radify targets rare earths with plasma refining, challenging China dominance
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Crypto
Omnichain stablecoin USDT0 expands to Tempo blockchain
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AI & Enterprise
OpenAI in talks with Helion on mega power purchase deal as AI electricity demand surges
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Crypto
Race for stablecoin payment infrastructure heats up
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Industry
MSIT to draft advanced plasma technology strategy, aims for top four status by 2035
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Industry
Applied Materials unveils 2-nanometer performance boost, says AI chip energy efficiency improved 10,000-fold
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Industry
AMAT to present energy-efficient AI chip technology at Semicon Korea 2026
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Industry
Science ministry launches public-private drive to develop Korean innovative fusion demonstration reactor
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Industry
MSIT to invest 151.1 billion won in climate and environment R&D in 2026
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Industry
MSIT to expand national nanofab integrated system to 14 institutions