Source: Tech – South China Morning PostInvestment in nuclear fusion power is heating up in China, with Ant Group placing a bet on the developing technology as energy becomes a new front in the US-China artificial intelligence race.
Hefei-based Xeonova said on Monday it had raised hundreds of millions of yuan in a pre-A funding round led by Ant Group. Other investors include Hidden Hill Capital and Zijin Mining Group. Ant Group is an affiliate of Alibaba Group Holding, owner of the Post.
Fusion, the process of combining two light…Read More