Helion’s fusion power purchase agreement with Microsoft
41–50 of 258 posts
Re: Helion’s fusion power purchase agreement with Microsoft
#42Earlier quoted context omitted.
Because it doesn't cost MS a bean until Helion have something working, but to Helion it means they can raise money for the actual construction of the first-production machine with the investors knowing someone will pay them for it if it works.
Electricity is a commodity. How could they possibly have a working product that they can’t sell? Just hook it up to the grid and there you go.
Re: Helion’s fusion power purchase agreement with Microsoft
#43Re: Helion’s fusion power purchase agreement with Microsoft
#44From [0] ‘ This is a binding agreement that has financial penalties if we can’t build a fusion system,” Helion founder and CEO David Kirtley tells The Verge. “We’ve committed to be able to build a system and sell it commercially to [Microsoft].” Assuming the financial penalties are a significant fraction (i.e they are, say, greater than 5%) of the agreement value, I would interpret it as a more serious / confident co…
If they can't build a fusion system, aren't they sort of bust anyway?
Re: Helion’s fusion power purchase agreement with Microsoft
#45Earlier quoted context omitted.
Yes, we all get frustrated when we see nonsense online, but usually the best thing to do is “block and move on”
Yes, I was cynical and frustrated from so much of PR fluff pieces that imply one thing only end up being smoke & mirrors. I did however genuinely ask “why not say it like it is?!” Sorry, I do not subscribe to the idea that everybody should just ignore and move on when they see nonsense.. If nobody cares, then what is the point of our collective existence as a society? As an exaggerated example, if we all stopped cari…
Re: Helion’s fusion power purchase agreement with Microsoft
#46From [0] ‘ This is a binding agreement that has financial penalties if we can’t build a fusion system,” Helion founder and CEO David Kirtley tells The Verge. “We’ve committed to be able to build a system and sell it commercially to [Microsoft].” Assuming the financial penalties are a significant fraction (i.e they are, say, greater than 5%) of the agreement value, I would interpret it as a more serious / confident co…
If they can't build a fusion system, aren't they sort of bust anyway?
Re: Helion’s fusion power purchase agreement with Microsoft
#47Sounds like Altman used his personal relationship with Microsoft CEO to do this meaningless PR stunt, so he can more easily pursaude stupid money to actually invest in this.
Re: Helion’s fusion power purchase agreement with Microsoft
#48Re: Helion’s fusion power purchase agreement with Microsoft
#49Earlier quoted context omitted.
Yes, we all get frustrated when we see nonsense online, but usually the best thing to do is “block and move on”
while not every comment deserves a reply, or your attention, silencing every opposing viewpoint is a great way to end up isolated and without contextual diversity.
Re: Helion’s fusion power purchase agreement with Microsoft
#50Real Engineering did a great video on this company and their approach, specifically: https://youtu.be/_bDXXWQxK38