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589 points atomic128 | 1 comments | | HN request time: 0.223s | source
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pinewurst ◴[] No.41841253[source]
It’s not real funding, it’s a power purchase agreement from something that may never be built! No different from Microsoft’s previous fusion power purchase agreement. The Goog may as well announce they’ve reserved office space in a building to be built on Proxima Centauri B.

Just tech virtue signalling: Google/Microsoft trade the impression that they’re relevant leaders for some legitimacy for a blue sky startup.

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joshmarinacci ◴[] No.41841357[source]
A power purchase agreement is critical to getting investment. The US aviation industry is wouldn’t exist if not for the UK and French governments making a purchase agreement for planes at the start of WW2
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snapetom ◴[] No.41841501[source]
It's funny how many people think getting investments is as easy as just asking a bank or VC for money. If you want anything substantial besides scraps of angel/friends and family rounds, you need to prove your product first.

Getting Google in line as a customer is absolutely huge for Kairos.

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ViewTrick1002 ◴[] No.41842105[source]
All depends on the $/MWh figure.
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vlovich123 ◴[] No.41842425[source]
And the belief that you will actually be able to deliver it. Try it. Go try to pitch Google a $/MWh figure that undercuts what they’re offered here and see how far you get.
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1. kortilla ◴[] No.41843697[source]
What are you talking about? If you have Google an offer to sell them $1 for $0.50 they will absolutely take it even if they 99% think you will flop. There is no downside.