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Fusion power may not be sci-fi. Just ask the people who sunk $5B into it | Equity Podcast

Fusion energy has been “20 years away” for decades, but has the science finally caught up? Private investment in fusion companies surged from $10 billion to $15 billion in just months, and the money is coming from places you wouldn’t expect. On this episode of TechCrunch’s Equity podcast, Rebecca Bellan and guest host Tim De…

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Fusion energy has been “20 years away” for decades, but has the science finally caught up? Private investment in fusion companies surged from $10 billion to $15 billion in just months, and the money is coming from places you wouldn’t expect.

On this episode of TechCrunch’s Equity podcast, Rebecca Bellan and guest host Tim De Chant sit down with Rachel Slaybaugh, general partner at DCVC, to break down why serious investors are finally treating fusion as a real asset class, and what the return thesis actually looks like when no one expects a power plant in their fund lifetime.

Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

Chapters:

00:00 Intro & fusion fest check-in

01:52 Why fusion, why now?

05:04 Federal funding history

06:17 The IEA’s 2030 milestone

07:37 What’s actually new: AI & superconducting magnets

09:19 Near-term revenue vs. staying the course

12:03 The return thesis: betting on “fusion euphoria”

19:33 Portfolio strategy: betting on the whole stack

21:16 How much energy do we actually need?

25:39 Data centers & the regulatory window

29:06 Fusion vs. fission explained

30:15 Going public: SPACs & Trump Media

32:08 Outro

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2 Comments

2 Comments

  1. @jeffcraymore

    April 22, 2026 at 4:03 pm

    It is “sci-fi” if they had a brain. They would know it’s a scam. Over Unity. You can’t produce more power than what is required to produce that power.
    They are at 80% output verse the amount they need to run the test.
    They will never reach 110% output. because it is physically impossible.

    While, yeah for them to allow the scientists to keep playing with their toys (doing research) In no reality can they produce over unity.

  2. @SchweetOne

    April 22, 2026 at 6:03 pm

    The catch with fusion is that the time period that the fusion lasts at lawrence livermore is only trillionths of a second. Sure fusion has been sustained for many minutes in other cases, but reaching ignition and having it last is still very far away it seems. They need to go from ignition events one to two times per day, to having thousands per second. 5 billion is chump change if a miracle happens and there’s a massive breakthrough, but it’s not exactly ‘close’. Quantum is just as far away.

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CNET

Qualcomm’s Computex 2026 Keynote in Less Than 12 Minutes

Qualcomm CEO Cristiano Amon outlines how agentic AI is revolutionizing the architecture of our everyday devices at Computex 2026. Discover the future of smart technology across mobile, robotics, automotive, and data centers. 0:00 – Introduction & Computex 2026 Keynote Open 0:09 – How AI is Rewriting Personal Computing 1:12 – Shift to Agentic AI: The…

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Qualcomm CEO Cristiano Amon outlines how agentic AI is revolutionizing the architecture of our everyday devices at Computex 2026. Discover the future of smart technology across mobile, robotics, automotive, and data centers.

0:00 – Introduction & Computex 2026 Keynote Open
0:09 – How AI is Rewriting Personal Computing
1:12 – Shift to Agentic AI: The New Digital Center
2:11 – The Scale of Global Computing Devices
2:40 – Why Evolving Devices for Agentic AI is Crucial
3:10 – Overcoming Power and Latency Engineering Challenges
4:04 – The Qualcomm Advantage Across the Compute Continuum
5:22 – Bringing AI Agents to Mobility and Snapdragon Platforms
6:03 – Physical AI: Autonomous Vehicles & Vision Intelligence
9:49 – Global Token Demand and Future Qualcomm Innovation

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#Qualcomm #Computex2026 #AgenticAI #Snapdragon #TechInnovation #FutureOfAI #EdgeComputing

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A Whale’s-Eye-View of the Ocean | Eric Stackpole | TED

A hand-built camera with suction cups captured something no one had ever seen: two sperm whales communicating and swimming together in the deep ocean. Engineer Eric Stackpole shares the story of how a scrappy, DIY tool revealed this intimate glimpse into the lives of these giants — and makes the case that the only limit…

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A hand-built camera with suction cups captured something no one had ever seen: two sperm whales communicating and swimming together in the deep ocean. Engineer Eric Stackpole shares the story of how a scrappy, DIY tool revealed this intimate glimpse into the lives of these giants — and makes the case that the only limit to what we can discover is what we’re curious enough to explore. (Recorded at TEDNext 2025 on November 11, 2025)

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The TED Talks channel features the best talks and performances from the TED Conference, where the world’s leading thinkers and doers give the talk of their lives in 18 minutes (or less) — plus originals, podcasts and exclusive content. Look for videos on Technology, Entertainment and Design as well as science, business, global issues, the arts and more. Visit for our entire library, transcripts, translations and personalized recommendations.

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CNET

PlayStation Updates: New Fight Stick, Gaming Monitor and Speakers

We went to Sony HQ to check out three new accessories coming soon from @PlayStation the FlexStrike fight stick ($299, coming at the same time as Marvel Tokon: Fighting Souls), plus PlayStation’s first gaming monitor and speakers— a 27” Gaming Monitor with a built-in DualSense Charging hook ($350) and Pulse Elevate speakers (price TBA), respectively.…

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We went to Sony HQ to check out three new accessories coming soon from @PlayStation the FlexStrike fight stick ($299, coming at the same time as Marvel Tokon: Fighting Souls), plus PlayStation’s first gaming monitor and speakers— a 27” Gaming Monitor with a built-in DualSense Charging hook ($350) and Pulse Elevate speakers (price TBA), respectively. Which do you wanna grab?

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