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This Beanie Is Designed to Read Your ThoughtsSpeech-to-text capability is now baked into all modern computers. But what if you didn’t have to dictate to your computer? What if you could type just by thinking?Silicon Valley startup Sabi is emerging from stealth with that goal. The company is developing a brain wearable that decodes a person’s internal speech into words on a computer screen. CEO Rahul Chhabra says its first product, a brain-reading beanie, will be available by the end of the year. The company is also designing a baseball cap version.The technology is known as a brain-computer interface, or BCI, a device that provides a direct communication pathway between the brain and an external device. While many companies such as Elon Musk’s Neuralink are developing surgically implanted BCIs for people with severe motor disabilities, Sabi’s device could allow anyone to become a cyborg.It’s not exactly Musk’s vision of the future, which involves implanted brain chips to allow humans to merge with AI. But venture capitalist Vinod Khosla, who was an early investor in OpenAI, says a noninvasive, wearable device is the only path to getting lots of people to use BCI technology.“The biggest and baddest application of BCI is if you can talk to your computer by thinking about it,” says Khosla, founder of Khosla Ventures, one of Sabi’s investors. “If you’re going to have a billion people use BCI for access to their computers every day, it can’t be invasive.”Sabi’s brain-reading hat relies on EEG, or electroencephalography, which uses metal disks placed on the scalp to record the brain’s electrical activity. Decoding imagined speech from EEG is already possible, but it’s currently limited to small sets of words or commands rather than continuous, natural speech.Photograph: Courtesy of SabiThe drawback of a wearable system is that the sensors have to listen to the brain through a layer of skin and bone, which dampens neural signals. Surgically implanted devices pick up much stronger signals because they sit so close to neurons. Sabi thinks the way to boost accuracy with a wearable is by massively scaling up the number of sensors in its device. Most EEG devices have a dozen to a few hundred sensors. Sabi’s cap will have anywhere from 70,000 to 100,000 miniature sensors.“Given that high-density sensing, it pinpoints exactly what and where neural activity is happening. We use that information to get much more reliable data to decode what a person is thinking,” Chhabra says.The company is aiming for an initial typing speed of 30 or so words per minute. That’s slower than most people type, but he says the speed will improve as users spend more time with the cap.#Beanie #Designed #Read #Thoughtswearables,neuroscience,artificial intelligence,brain-computer interfaces

This Beanie Is Designed to Read Your Thoughts

Speech-to-text capability is now baked into all modern computers. But what if you didn’t have to dictate to your computer? What if you could type just by thinking?

Silicon Valley startup Sabi is emerging from stealth with that goal. The company is developing a brain wearable that decodes a person’s internal speech into words on a computer screen. CEO Rahul Chhabra says its first product, a brain-reading beanie, will be available by the end of the year. The company is also designing a baseball cap version.

The technology is known as a brain-computer interface, or BCI, a device that provides a direct communication pathway between the brain and an external device. While many companies such as Elon Musk’s Neuralink are developing surgically implanted BCIs for people with severe motor disabilities, Sabi’s device could allow anyone to become a cyborg.

It’s not exactly Musk’s vision of the future, which involves implanted brain chips to allow humans to merge with AI. But venture capitalist Vinod Khosla, who was an early investor in OpenAI, says a noninvasive, wearable device is the only path to getting lots of people to use BCI technology.

“The biggest and baddest application of BCI is if you can talk to your computer by thinking about it,” says Khosla, founder of Khosla Ventures, one of Sabi’s investors. “If you’re going to have a billion people use BCI for access to their computers every day, it can’t be invasive.”

Sabi’s brain-reading hat relies on EEG, or electroencephalography, which uses metal disks placed on the scalp to record the brain’s electrical activity. Decoding imagined speech from EEG is already possible, but it’s currently limited to small sets of words or commands rather than continuous, natural speech.

A very small chip shown on the pad of a finger to illustrate it's tiny scale

Photograph: Courtesy of Sabi

The drawback of a wearable system is that the sensors have to listen to the brain through a layer of skin and bone, which dampens neural signals. Surgically implanted devices pick up much stronger signals because they sit so close to neurons. Sabi thinks the way to boost accuracy with a wearable is by massively scaling up the number of sensors in its device. Most EEG devices have a dozen to a few hundred sensors. Sabi’s cap will have anywhere from 70,000 to 100,000 miniature sensors.

“Given that high-density sensing, it pinpoints exactly what and where neural activity is happening. We use that information to get much more reliable data to decode what a person is thinking,” Chhabra says.

The company is aiming for an initial typing speed of 30 or so words per minute. That’s slower than most people type, but he says the speed will improve as users spend more time with the cap.

#Beanie #Designed #Read #Thoughtswearables,neuroscience,artificial intelligence,brain-computer interfaces

Speech-to-text capability is now baked into all modern computers. But what if you didn’t have to dictate to your computer? What if you could type just by thinking?

Silicon Valley startup Sabi is emerging from stealth with that goal. The company is developing a brain wearable that decodes a person’s internal speech into words on a computer screen. CEO Rahul Chhabra says its first product, a brain-reading beanie, will be available by the end of the year. The company is also designing a baseball cap version.

The technology is known as a brain-computer interface, or BCI, a device that provides a direct communication pathway between the brain and an external device. While many companies such as Elon Musk’s Neuralink are developing surgically implanted BCIs for people with severe motor disabilities, Sabi’s device could allow anyone to become a cyborg.

It’s not exactly Musk’s vision of the future, which involves implanted brain chips to allow humans to merge with AI. But venture capitalist Vinod Khosla, who was an early investor in OpenAI, says a noninvasive, wearable device is the only path to getting lots of people to use BCI technology.

“The biggest and baddest application of BCI is if you can talk to your computer by thinking about it,” says Khosla, founder of Khosla Ventures, one of Sabi’s investors. “If you’re going to have a billion people use BCI for access to their computers every day, it can’t be invasive.”

Sabi’s brain-reading hat relies on EEG, or electroencephalography, which uses metal disks placed on the scalp to record the brain’s electrical activity. Decoding imagined speech from EEG is already possible, but it’s currently limited to small sets of words or commands rather than continuous, natural speech.

Photograph: Courtesy of Sabi

The drawback of a wearable system is that the sensors have to listen to the brain through a layer of skin and bone, which dampens neural signals. Surgically implanted devices pick up much stronger signals because they sit so close to neurons. Sabi thinks the way to boost accuracy with a wearable is by massively scaling up the number of sensors in its device. Most EEG devices have a dozen to a few hundred sensors. Sabi’s cap will have anywhere from 70,000 to 100,000 miniature sensors.

“Given that high-density sensing, it pinpoints exactly what and where neural activity is happening. We use that information to get much more reliable data to decode what a person is thinking,” Chhabra says.

The company is aiming for an initial typing speed of 30 or so words per minute. That’s slower than most people type, but he says the speed will improve as users spend more time with the cap.

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French Open prize money increases by 9.5 per cent <div id="content-body-70868899" itemprop="articleBody"><p>Prize money at this year’s French ​Open will jump by 9.5 per cent, taking ‌the total purse to 61.7 million ​euros ($72.69 million), organisers said ⁠on Thursday.</p><p>The increase of 5.4 million euros compared to 2025 continues a steady ‌rise in player earnings at the claycourt Grand Slam.</p><p>The organisers ‌have in recent years focused ‌on ⁠boosting prize money across all ⁠rounds, not only for the champions but also for players eliminated in the early ​stages, amid growing ‌calls within the sport for a fairer distribution of revenues.</p><p>The Paris major, staged annually at Roland-Garros, has ‌maintained equal prize money for ​men and women.</p><p>The prize money increase comes as pressure mounts ⁠from players for a greater share of revenues, with discussions ongoing ‌across the sport involving governing bodies and tournament organisers.</p><p>Despite the latest rise, Roland Garros is expected to remain behind the other three Grand Slams in overall prize money.</p><p>The U.S. ‌Open offered the largest prize fund of ​the Grand Slams last year with $90 million, while Wimbledon paid ⁠out 53.5 million pounds ($72.40 million).</p><p>The Australian ⁠Open offered a record A$111.5 million ($79.92 million) in prize money ‌this year.</p><p class="publish-time" id="end-of-article">Published on Apr 16, 2026</p></div> #French #Open #prize #money #increases #cent

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Deadspin | Ducks eye playoff positioning in regular-season finale vs. Predators <div id=""><section id="0" class=" w-full"><div class="xl:container mx-0 !px-4 py-0 pb-4 !mx-0 !px-0"><img src="https://images.deadspin.com/tr:w-900/28730680.jpg" srcset="https://images.deadspin.com/tr:w-900/28730680.jpg" alt="NHL: Anaheim Ducks at Minnesota Wild" class="w-full" fetchpriority="high" loading="eager"/><span class="text-0.8 leading-tight">Apr 14, 2026; Saint Paul, Minnesota, USA; Anaheim Ducks center Mikael Granlund (64) shoots against the Minnesota Wild in the third period at Grand Casino Arena. Mandatory Credit: Matt Blewett-Imagn Images<!-- --> <!-- --> </span></div></section><section id="section-1"> <p>Heading into the final day of the NHL regular season on Thursday, the Anaheim Ducks still can finish anywhere from second in the Pacific Division to the second Western Conference wild-card spot.</p> </section><section id="section-2"> <p>A lot of that depends on their result against the host Nashville Predators on Thursday evening, but also the final score in the Edmonton Oilers-Vancouver Canucks game and the Los Angeles Kings-Calgary Flames game.</p> </section><section id="section-3"> <p>The latter two contests are scheduled to start an hour after the Ducks-Predators matchup.</p> </section><section id="section-4"> <p>Edmonton (40-30-11, 91 points) sits second in the Pacific Division, one point ahead of the Ducks (42-33-6, 90 points) and Kings (35-26-20, 90 points), and the Oilers own the tiebreaker over both. All three teams have clinched playoff berths.</p> </section><section id="section-5"> <p>Edmonton had hoped to be playing for its first division title since 1986-87, but the Vegas Golden Knights clinched the Pacific with a 4-1 win against the visiting Seattle Kraken on Wednesday.</p> </section><section id="section-6"> <p>Anaheim supporters hope that spoils Edmonton’s motivation against Vancouver and opens the door for the Ducks to leapfrog the Oilers for second place in the Pacific and earn home-ice in their first-round playoff series with a win against Nashville.</p> </section><section id="section-7"> <p>Anaheim owns the tiebreaker over Los Angeles, leaving the Kings in the second wild-card spot entering Thursday.</p> </section><br/><section id="section-8"> <p>If the Oilers and Kings win on Thursday and the Ducks lose in any fashion to the Predators, Anaheim would drop into the second wild card, where it would face a first-round series against the Colorado Avalanche, owners of the best record in the NHL.</p> </section> <section id="section-9"> <p>The Ducks have done little to help their standing in the past nine games, going 1-6-2 to lose their grip on first place in the Pacific and potentially home-ice advantage in the first round.</p> </section><section id="section-10"> <p>“Regardless of where we end up, it’s playoff hockey,” Ducks forward Ryan Poehling said. “Anything can happen, and for us to just be on top of our game and just kind of take care of what we can I think is the biggest thing. So, we’ve got one more (game) to kind of go through a rehearsal and then real hockey starts.”</p> </section><section id="section-11"> <p>The Predators (38-33-10, 86 points) made a big splash in free agency two years ago when they signed forwards Steven Stamkos and Jonathan Marchessault and defenseman Brady Skjei to big contracts, but the trio has yet to lead them to the playoffs.</p> </section><section id="section-12"> <p>Nashville was eliminated from postseason contention on Monday when it lost 3-2 to the visiting San Jose Sharks.</p> </section><section id="section-13"> <p>“Came here with playoff aspirations, right?” Stamkos said. “So, we failed the last two years and that’s what’s so hard.”</p> </section><section id="section-14"> <p>The Predators need to hire a new general manager because Barry Trotz is retiring after the season. Stamkos has been around long enough to know that the new GM could take the team in a variety of directions.</p> </section><section id="section-15"> <p>“Someone could come here and say we want to complete tear down and rebuild and that’s the way it’s going to go,” Stamkos said. “We could have someone come in here and say, ‘Listen, you guys were close this year. We believe in the older guys and the core of this team and we want to help build that with bringing in even more younger guys and impact players.’ I think that’s the route we all hope for, but there are too many unknowns right now with regards to the future of the team.”</p> </section><br/><section id="section-16"> <p>–Field Level Media</p> </section> </div> #Deadspin #Ducks #eye #playoff #positioning #regularseason #finale #Predators

The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.

Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.

#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube">YouTube now lets you turn off ShortsYouTube’s time management settings now have an option to put a zero-minute time limit on Shorts, effectively removing them from your app in Android and iOS. The option is an update to the Shorts timer YouTube originally announced in October; the lowest previous option was 15 minutes.The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube

originally announced in October; the lowest previous option was 15 minutes.

The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.

Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.

#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube">YouTube now lets you turn off Shorts

YouTube’s time management settings now have an option to put a zero-minute time limit on Shorts, effectively removing them from your app in Android and iOS. The option is an update to the Shorts timer YouTube originally announced in October; the lowest previous option was 15 minutes.

The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.

Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.

#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube
Nuclear startup X-energy began its investor roadshow Wednesday as it works toward its IPO, setting its target price between $16 and $19 per share, according to documents filed with the U.S. Securities and Exchange Commission. If it lists at the high end, the startup could net about $814 million.

X-energy and its peers have been riding a renewed wave of interest in fission power as demand for electricity has surged on the back of AI data centers and societywide electrification. 

Amazon is one of X-energy’s biggest backers. The tech giant led a $500 million Series C-1 round and has pledged to buy as much as 5 gigawatts of nuclear power from the company by 2039.

The IPO is sure to come as a relief to X-energy’s investors, which have put about $1.8 billion into the company, according to PitchBook. The startup had previously attempted to go public via reverse merger with a special purpose acquisition company, but the two parties canceled the deal in 2023 as the SPAC craze petered out.

X-energy’s reactor is what’s known as a high-temperature, gas-cooled reactor. Inside, uranium encased in spheres of ceramic and carbon is cooled by helium gas. The gas then transfers heat to a steam turbine loop to generate electricity. The fuel design, known as TRISO, is expected to be safer than previous fuel arrangements, though it’s not widely used today.

The startup said in its SEC filing that it’s already embroiled in a patent dispute with another company that recently went bankrupt. Ultra Safe Nuclear Corporation (USNC) went bankrupt in 2024, and its assets were purchased in bankruptcy to form Standard Nuclear. X-energy alleges that USNC infringed on its fuel fabrication patents and that the matter hasn’t been resolved to its satisfaction during the course of the bankruptcy proceedings.

Outside of China, development of new nuclear reactors has all but stalled, stymied by delays and cost overruns. A new breed of startups hopes that by shrinking reactors, they’ll be able to overcome some of the challenges that have beset traditional designs.

Techcrunch event

San Francisco, CA | October 13-15, 2026

None of the small modular reactor startups have built a power plant yet, though several are racing to meet a deadline of July 4 set by the Trump administration.

While many might miss the arbitrary deadline, they’re still likely to achieve criticality, the moment when fission reactions become self-sustaining.

But the road from criticality to profitable power plants is likely to be long. Mass manufacturing can help bring costs down, but it usually takes around a decade for the process to start paying dividends. What’s more, the number of reactors these companies are planning to build might be more than other companies have attempted, but it might not be high enough to reap the true benefits of mass manufacturing.

X-energy expects that by the time its reactor production techniques are mature — what experts call “Nth-of-a-kind” — it will be able to bring costs down by 30% relative to the first-of-a-kind. Investors should pay close attention to how much that first reactor costs. It could make or break the company’s prospects.

#Amazonbacked #Xenergy #files #raise #800M #IPO #TechCrunchAmazon,IPO,nuclear fission,nuclear power,X-Energy">Amazon-backed X-energy files to raise up to 0M in IPO | TechCrunch
Nuclear startup X-energy began its investor roadshow Wednesday as it works toward its IPO, setting its target price between  and  per share, according to documents filed with the U.S. Securities and Exchange Commission. If it lists at the high end, the startup could net about 4 million.

X-energy and its peers have been riding a renewed wave of interest in fission power as demand for electricity has surged on the back of AI data centers and societywide electrification. 







Amazon is one of X-energy’s biggest backers. The tech giant led a 0 million Series C-1 round and has pledged to buy as much as 5 gigawatts of nuclear power from the company by 2039.

The IPO is sure to come as a relief to X-energy’s investors, which have put about .8 billion into the company, according to PitchBook. The startup had previously attempted to go public via reverse merger with a special purpose acquisition company, but the two parties canceled the deal in 2023 as the SPAC craze petered out.

X-energy’s reactor is what’s known as a high-temperature, gas-cooled reactor. Inside, uranium encased in spheres of ceramic and carbon is cooled by helium gas. The gas then transfers heat to a steam turbine loop to generate electricity. The fuel design, known as TRISO, is expected to be safer than previous fuel arrangements, though it’s not widely used today.

The startup said in its SEC filing that it’s already embroiled in a patent dispute with another company that recently went bankrupt. Ultra Safe Nuclear Corporation (USNC) went bankrupt in 2024, and its assets were purchased in bankruptcy to form Standard Nuclear. X-energy alleges that USNC infringed on its fuel fabrication patents and that the matter hasn’t been resolved to its satisfaction during the course of the bankruptcy proceedings.

Outside of China, development of new nuclear reactors has all but stalled, stymied by delays and cost overruns. A new breed of startups hopes that by shrinking reactors, they’ll be able to overcome some of the challenges that have beset traditional designs.

	
		
		Techcrunch event
		
			
			
									San Francisco, CA
													|
													October 13-15, 2026
							
			
		
	


None of the small modular reactor startups have built a power plant yet, though several are racing to meet a deadline of July 4 set by the Trump administration.

While many might miss the arbitrary deadline, they’re still likely to achieve criticality, the moment when fission reactions become self-sustaining.

But the road from criticality to profitable power plants is likely to be long. Mass manufacturing can help bring costs down, but it usually takes around a decade for the process to start paying dividends. What’s more, the number of reactors these companies are planning to build might be more than other companies have attempted, but it might not be high enough to reap the true benefits of mass manufacturing.







X-energy expects that by the time its reactor production techniques are mature — what experts call “Nth-of-a-kind” — it will be able to bring costs down by 30% relative to the first-of-a-kind. Investors should pay close attention to how much that first reactor costs. It could make or break the company’s prospects.
#Amazonbacked #Xenergy #files #raise #800M #IPO #TechCrunchAmazon,IPO,nuclear fission,nuclear power,X-Energy

documents filed with the U.S. Securities and Exchange Commission. If it lists at the high end, the startup could net about $814 million.

X-energy and its peers have been riding a renewed wave of interest in fission power as demand for electricity has surged on the back of AI data centers and societywide electrification. 

Amazon is one of X-energy’s biggest backers. The tech giant led a $500 million Series C-1 round and has pledged to buy as much as 5 gigawatts of nuclear power from the company by 2039.

The IPO is sure to come as a relief to X-energy’s investors, which have put about $1.8 billion into the company, according to PitchBook. The startup had previously attempted to go public via reverse merger with a special purpose acquisition company, but the two parties canceled the deal in 2023 as the SPAC craze petered out.

X-energy’s reactor is what’s known as a high-temperature, gas-cooled reactor. Inside, uranium encased in spheres of ceramic and carbon is cooled by helium gas. The gas then transfers heat to a steam turbine loop to generate electricity. The fuel design, known as TRISO, is expected to be safer than previous fuel arrangements, though it’s not widely used today.

The startup said in its SEC filing that it’s already embroiled in a patent dispute with another company that recently went bankrupt. Ultra Safe Nuclear Corporation (USNC) went bankrupt in 2024, and its assets were purchased in bankruptcy to form Standard Nuclear. X-energy alleges that USNC infringed on its fuel fabrication patents and that the matter hasn’t been resolved to its satisfaction during the course of the bankruptcy proceedings.

Outside of China, development of new nuclear reactors has all but stalled, stymied by delays and cost overruns. A new breed of startups hopes that by shrinking reactors, they’ll be able to overcome some of the challenges that have beset traditional designs.

Techcrunch event

San Francisco, CA | October 13-15, 2026

None of the small modular reactor startups have built a power plant yet, though several are racing to meet a deadline of July 4 set by the Trump administration.

While many might miss the arbitrary deadline, they’re still likely to achieve criticality, the moment when fission reactions become self-sustaining.

But the road from criticality to profitable power plants is likely to be long. Mass manufacturing can help bring costs down, but it usually takes around a decade for the process to start paying dividends. What’s more, the number of reactors these companies are planning to build might be more than other companies have attempted, but it might not be high enough to reap the true benefits of mass manufacturing.

X-energy expects that by the time its reactor production techniques are mature — what experts call “Nth-of-a-kind” — it will be able to bring costs down by 30% relative to the first-of-a-kind. Investors should pay close attention to how much that first reactor costs. It could make or break the company’s prospects.

#Amazonbacked #Xenergy #files #raise #800M #IPO #TechCrunchAmazon,IPO,nuclear fission,nuclear power,X-Energy">Amazon-backed X-energy files to raise up to $800M in IPO | TechCrunch

Nuclear startup X-energy began its investor roadshow Wednesday as it works toward its IPO, setting its target price between $16 and $19 per share, according to documents filed with the U.S. Securities and Exchange Commission. If it lists at the high end, the startup could net about $814 million.

X-energy and its peers have been riding a renewed wave of interest in fission power as demand for electricity has surged on the back of AI data centers and societywide electrification. 

Amazon is one of X-energy’s biggest backers. The tech giant led a $500 million Series C-1 round and has pledged to buy as much as 5 gigawatts of nuclear power from the company by 2039.

The IPO is sure to come as a relief to X-energy’s investors, which have put about $1.8 billion into the company, according to PitchBook. The startup had previously attempted to go public via reverse merger with a special purpose acquisition company, but the two parties canceled the deal in 2023 as the SPAC craze petered out.

X-energy’s reactor is what’s known as a high-temperature, gas-cooled reactor. Inside, uranium encased in spheres of ceramic and carbon is cooled by helium gas. The gas then transfers heat to a steam turbine loop to generate electricity. The fuel design, known as TRISO, is expected to be safer than previous fuel arrangements, though it’s not widely used today.

The startup said in its SEC filing that it’s already embroiled in a patent dispute with another company that recently went bankrupt. Ultra Safe Nuclear Corporation (USNC) went bankrupt in 2024, and its assets were purchased in bankruptcy to form Standard Nuclear. X-energy alleges that USNC infringed on its fuel fabrication patents and that the matter hasn’t been resolved to its satisfaction during the course of the bankruptcy proceedings.

Outside of China, development of new nuclear reactors has all but stalled, stymied by delays and cost overruns. A new breed of startups hopes that by shrinking reactors, they’ll be able to overcome some of the challenges that have beset traditional designs.

Techcrunch event

San Francisco, CA | October 13-15, 2026

None of the small modular reactor startups have built a power plant yet, though several are racing to meet a deadline of July 4 set by the Trump administration.

While many might miss the arbitrary deadline, they’re still likely to achieve criticality, the moment when fission reactions become self-sustaining.

But the road from criticality to profitable power plants is likely to be long. Mass manufacturing can help bring costs down, but it usually takes around a decade for the process to start paying dividends. What’s more, the number of reactors these companies are planning to build might be more than other companies have attempted, but it might not be high enough to reap the true benefits of mass manufacturing.

X-energy expects that by the time its reactor production techniques are mature — what experts call “Nth-of-a-kind” — it will be able to bring costs down by 30% relative to the first-of-a-kind. Investors should pay close attention to how much that first reactor costs. It could make or break the company’s prospects.

#Amazonbacked #Xenergy #files #raise #800M #IPO #TechCrunchAmazon,IPO,nuclear fission,nuclear power,X-Energy

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