✍️ Not Boring: Oklo's Reactor Goes Critical, Tesla Plans a Terawatt Chip Fab, and $1B+ Raises Pile Up
Packy McCormick's latest roundup tracks a cluster of hard-tech milestones and mega-raises.
• Three raises: Base Power ($1B at a $13B valuation), Hadrian ($1.37B at $7.87B, defense manufacturing), and Valar Atomics ($1B plus $200B in debt financing for nuclear buildout).
• Oklo's Aurora reactor went critical for the first time, capping a regulatory process dating to 2020.
• Tesla/SpaceX picked Texas for "Terafab" — billed as the largest chip fab ever, targeting 1 terawatt of compute/year with a $16.8B initial investment.
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