Equity Special episode: SBF doesn't need SPF where he's going and other TC news (The TechCrunch Podcast)
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Dec 19, 2022 Tim De Chant, a journalist focused on fusion and renewable energy, shares an optimistic outlook on a recent breakthrough in fusion technology that exceeds energy expectations. Jacquelyn Melinek, who covers the legal troubles of Sam Bankman-Fried, details his shocking arrest and ongoing legal battles. They discuss the wider implications of Bankman-Fried's case on global finance amid rising scrutiny. Plus, they touch on tech highlights like Instagram's new 'Notes' feature and the challenges in watermarking AI-generated text.
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Fusion Milestone
- The National Academy of Sciences set a milestone for fusion: more energy out than in.
- This experiment achieved net positive energy, but the laser system still requires significantly more energy input.
Inertial Confinement Validation
- This experiment validates inertial confinement fusion's potential for power generation.
- While other fusion approaches exist, none have reached net positive energy gain yet.
First Light Fusion
- First Light Fusion uses the same approach as NIF and raised $590 million.
- NIF primarily focuses on national security, but fusion power has always been a secondary goal.