Tuesday, March 23, 2010

Bill Gates Start-Up in Talks on Small Nuclear Reactor - WSJ.com

Interesting times

An energy start-up backed by Microsoft Corp. co-founder Bill Gates is in discussions with Toshiba Corp. on developing a small-scale nuclear reactor that would represent a long-term bet to make nuclear power safer and cheaper.

Toshiba said it is in preliminary discussions with TerraPower, a unit of Intellectual Ventures, a patent-holding concern partially funded by Mr. Gates. Intellectual Ventures, based in Bellevue, Wash., is run by a former Microsoft Corp. executive, Nathan Myhrvold.

Bill Gates Start-Up in Talks on Small Nuclear Reactor - WSJ.com

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