Bill Gates, founder of TerraPower, held meetings on the 14th with SK Group and HD Hyundai leaders to discuss cooperation on small modular reactors (SMRs) and power supply for AI data centers. In talks with SK’s chairman he focused on addressing rising electricity demand from AI data centers, next‑generation nuclear industry development and potential U.S.-Korea nuclear cooperation. SK and SK Innovation jointly invested $250m in TerraPower in 2022 and are TerraPower’s second-largest shareholders;

Bill Gates, founder of TerraPower, held meetings on the 14th with SK Group and HD Hyundai leaders to discuss cooperation on small modular reactors (SMRs) and power supply for AI data centers. In talks with SK’s chairman he focused on addressing rising electricity demand from AI data centers, next‑generation nuclear industry development and potential U.S.-Korea nuclear cooperation. SK and SK Innovation jointly invested $250m in TerraPower in 2022 and are TerraPower’s second-largest shareholders; SK Innovation on the same day signed a cooperation deal with TerraPower on a sodium‑cooled SMR. Gates also met HD Hyundai’s chairman and the CEO of Hyundai Engineering to review progress on previously signed commercial agreements; in May the three firms agreed to jointly commercialize sodium‑cooled SMRs and establish a division of labor.