{"id":10285,"date":"2025-11-10T13:01:49","date_gmt":"2025-11-10T13:01:49","guid":{"rendered":"https:\/\/jobuzo.com\/en\/ant-group-joins-chinas-nuclear-fusion-funding-surge-as-ai-fuels-energy-demand\/"},"modified":"2025-11-10T13:01:49","modified_gmt":"2025-11-10T13:01:49","slug":"ant-group-joins-chinas-nuclear-fusion-funding-surge-as-ai-fuels-energy-demand","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/ant-group-joins-chinas-nuclear-fusion-funding-surge-as-ai-fuels-energy-demand\/","title":{"rendered":"Ant Group joins China\u2019s nuclear fusion funding surge as AI fuels energy demand"},"content":{"rendered":"<div>\n<div><img decoding=\"async\" src=\"https:\/\/cdn.i-scmp.com\/sites\/default\/files\/styles\/og_image_scmp_generic\/public\/d8\/images\/canvas\/2025\/11\/10\/90a20f46-43bc-4752-bcd8-e2e29f78994f_11a3f65b.jpg?itok=uraBA_T8&amp;v=1762764694\" class=\"ff-og-image-inserted\"><\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Investment in nuclear fusion power is heating up in China, with Ant Group placing a bet on the developing technology as energy becomes a new front in the US-China artificial intelligence race.<\/p>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-1evd7i0 e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Hefei-based Xeonova said on Monday it had raised hundreds of millions of yuan in a pre-A funding round led by Ant Group. Other investors include Hidden Hill Capital and Zijin Mining Group. Ant Group is an affiliate of Alibaba Group Holding, owner of the Post.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Fusion, the process of combining two light atoms into a heavier one to release energy, releases vast amounts of energy.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The process currently used in nuclear power plants worldwide is fission, in which uranium atoms are split apart to generate energy. Nuclear fusion instead combines atoms to release a safe, near-limitless source of energy without creating the problems of radioactive waste.<\/p>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-117a6hs e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Capital has increasingly flowed into the sector in recent years, driven by AI&rsquo;s insatiable demand for power and the need to decarbonise to combat climate change. By the end of July, 12 Chinese fusion firms had raised a combined 14.7 billion yuan (US$2 billion), according to venture capital tracker ITjuzi.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The largest among them, China Fusion Energy, a subsidiary of state-owned China National Nuclear Corporation, was set up in July with 11.5 billion yuan of registered capital from seven state-owned enterprises.<\/p>\n<\/div>\n<p><sub>Ant Group joins China&rsquo;s nuclear fusion funding surge as AI fuels energy demand<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment in nuclear fusion power is heating up in China, with Ant Group placing a bet on the developing technology as energy becomes a new front in the US-China artificial intelligence race. Advertisement Hefei-based Xeonova said on Monday it had raised hundreds of millions of yuan in a pre-A funding round led by Ant Group&#8230;.<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/ant-group-joins-chinas-nuclear-fusion-funding-surge-as-ai-fuels-energy-demand\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Ant Group joins China\u2019s nuclear fusion funding surge as AI fuels energy demand&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":10286,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/10285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=10285"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/10285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/10286"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=10285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=10285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=10285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}