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This is more than the total funding of all modern fusion startups by a factor of 8 [1]. The intellectual + cash efficiency of this seems horrid. [1] https://te
by pveierland 1y ago
This is more than the total funding of all modern fusion startups by a factor of 8 [1]. The intellectual + cash efficiency of this seems horrid.
[1] https://techcrunch.com/2024/10/04/every-fusion-startup-that-has-raised-over-100m/ https://techcrunch.com/2024/10/04/every-fusion-startup-that-...
- hokumguru 1y agoDecent number of materials scientists, etc that they’ve slurped up too
- h2zizzle 1y agoThis is the outcome of flaccid antitrust/corporate tax policy.
- rchaud 1y agoAnd also ZIRP, which put too much free money in the hands of too few people, who sank into anything that looked like it could pay off one day.
- owebmaster 1y ago> This is more than the total funding of all modern fusion startups by a factor of 8 [1]. That $60B is like US GDP, big but inefficient. Meta spent it on bad acquisitions and inflated comp while those fusion startups are lean and actually build things.
- HDThoreaun 1y agoWell meta at least has a product here and all the fusion companies dont