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Updated · Bloomberg · May 21Deep Fission Files for $156 Million IPO as AI Power Demand Lifts Nuclear Startups
3 articles · Updated · Bloomberg · May 21
- Deep Fission filed for a US IPO that could raise as much as $156 million by selling 6 million shares at $24 to $26 each.
- At the top of that range, the nuclear startup would be valued at about $1.66 billion, based on the outstanding shares listed in its filing.
- The offering adds to a broader push by nuclear startups to tap public markets as AI-driven data center growth increases electricity demand.
Deep Fission is burying reactors to power AI. Is this a genius solution or a hidden environmental risk? With AI's power demand soaring, can underground nuclear reactors be deployed fast enough to win the energy race?