OpenAI Negotiates for Helion Energy's Fusion Power Supply by 2035

OpenAI is in advanced discussions to purchase electricity from Helion Energy, targeting 5 gigawatts by 2030 and 50 gigawatts by 2035. Sam Altman has recused himself from negotiations to avoid conflict of interest, having previously led Helion's funding rounds. Helion, which has achieved significant funding and technical milestones, plans to produce fusion energy differently than competitors. The deal remains conditional on several factors, including Helion achieving net electricity production.

Published Mar 24, 2026

OpenAI is negotiating to secure 5 gigawatts of electricity from Helion Energy by 2030, scaling to 50 gigawatts by 2035. The initial agreement would cover 12.5% of Helion's production. Helion's existing commitments include a 50 megawatt deal with Microsoft and a planned 500 megawatt plant with Nucor.

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Sam Altman has stepped down from Helion's board and recused himself from the talks to prevent conflicts of interest. Helion, based in Washington, has raised over $1 billion and aims for commercial viability in fusion energy. The outcome of the negotiations is dependent on various unresolved conditions, including Helion achieving established production milestones.