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

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.

Source: [TNW](https://thenextweb.com/news/commonwealth-fusion-systems-1-billion-raise-4-billion-total-ipo)