Helion Energy CFO on How Fusion Could Scale AI

Helion Energy’s CFO Prag Jain outlined fusion power’s potential to address AI’s surging energy demands during Bloomberg Invest 2026 in New York, framing it as a scalable solution for data centers. Jain emphasized fusion’s advantage over traditional energy: near-limitless, clean power with minimal land use, aligning with AI’s exponential growth and carbon-neutral goals by 2030. The discussion highlighted AI’s energy crisis, with projections showing data centers could consume 20% of U.S. electricity by 2030—fusion offers a high-density alternative to fossil fuels or intermittent renewables. Helion’s commercial fusion reactor, slated for 2028 deployment, aims to deliver 50+ MW per unit, targeting tech giants like Microsoft and Google as anchor customers for AI workloads. Jain stressed cost parity with conventional energy by 2035, citing modular reactor designs and rapid iteration as keys to accelerating fusion’s role in powering next-gen AI infrastructure.