NEWS: Silicon Valley’s AI power panic is driving a clean, firm energy gold rush.

Berkeley-based startup Deep Fission, which develops deep-underground SMRs, is targeting a $1.7B valuation for its IPO. It follows a red-hot April $1B+ IPO from competitor X-energy (which marked the biggest nuclear market debut so far).

Next-gen geothermal could save California up to $44B annually by its 2045 carbon-free deadline, per a new Clean Air Task Force report.