WASHINGTON—The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services to support early deployments of advanced light-water small modular reactors (SMRs) in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee and […]
Nuclear Power: X-Energy Closes $700M Round for SMR Development
ROCKVILLE, Md., February 6, 2025 – X-Energy Reactor Company, LLC (“X-energy”), a leader in advanced nuclear reactor and fuel technology, today announced the closing of its upsized Series C-1 financing round of $700 million. Segra Capital Management, Jane Street, Ares Management funds, Emerson Collective, and others join the previously announced round anchored by Amazon.com, Inc.’s […]
HPC News Bytes 20250203: DeepSeek Lessons, Intel Reroutes GPU Roadmap, LANL and OpenAI for National Security, Nuclear Reactors for Google Data Centers
The HPC-AI world was upended last week by DeepSeek AI benchmark numbers, as the dust settles we offer commentary on what it may, at this stage, mean: Five lessons from DeepSeek, Intel GPU rack scale architecture ….







