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Deep & Emerging Tech·July 7, 2026·1 min read

Google backs Proxima Fusion in €411m raise

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Big Tech and incumbent utilities putting €411m into Proxima Fusion at a €2.4b valuation means fusion is moving from science project to long-horizon infrastructure bet. If you’re planning AI or industrial capacity in the 2030s, fusion just became a scenario you need in your energy models.