July 31, 2026

Fusion’s best-funded bet raised another $1bn, and hired the banker who took Moderna public

pile of assorted-title books
Daria Nepriakhina 🇺🇦 / Unsplash

The AI boom needs colossal amounts of electricity. That has turned fusion, forever mocked as “30 years away,” into one of the hottest bets in tech. The best-funded player just raised another $1 billion. Commonwealth Fusion Systems, based in Massachus...