Macro Finance
Nuclear Upstart Elementl Gets Korean Backing for $750 Million Push
Bloomberg Markets·October 26, 2026·1 min read
Nuclear energy company Elementl Power is getting backing from a South Korean venture capital firm as it seeks to raise $750 million, amid skyrocketing demand for electricity to power AI. The investment underscores growing interest in nuclear power as a clean energy source to meet the needs of data centers and AI computing.
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