Controlled Nuclear Fusion Sees Fresh Wave of Financing as State-Owned and Industrial Capital Accelerate Deployment

Artificial intelligence (AI) reaches its limit with computing power, and the limit of computing power is energy. As the wave of AI development becomes more intense, the industry’s anxiety over electricity supply grows. Therefore, the controllable nuclear fusion, known as the “artificial sun,” has once again come into the spotlight and is seen as a potential “ultimate solution” to fundamentally solve humanity’s energy problems. Currently, this strategic technological track is receiving dual support from policies and capital. According to incomplete statistics by reporters, since 2026, controllable nuclear fusion projects such as Xinghuan Energy, Zhongke Qingneng, Dongsheng Fusion, and Shuyan Juchuang have successively updated their financing progress. Meanwhile, investment institutions betting on this direction have shifted from a few institutions making a “last stand” a few years ago to now, where state-owned assets, industrial capital, and market-oriented funds are entering the market and accelerating their deployment. Controllable nuclear fusion is no longer just a grand narrative but is becoming another more certain hard technology track after AI, commercial space, and quantum computing. “As a hard technology investor, if you don’t deploy controllable nuclear fusion, you may miss the most critical energy transformation opportunity in the next generation of technological revolution,” said Mi Lei, founding partner of Zhongke Chuangxing. (People’s Financial News)