Bill Gates developing nuclear reactor with China

Bill Gates

BEIJING (AP) — Microsoft Corp. co-founder Bill Gates says he is in discussions with China to jointly develop a new kind of nuclear reactor.

During a talk at China’s Ministry of Science & Technology on Wednesday, the billionaire said, “The idea is to be very low cost, very safe, and generate very little waste.”

Gates backs Washington-based TerraPower, which is developing a nuclear reactor that can run on depleted uranium.

He says TerraPower is having “very good discussions” with state-owned China National Nuclear Corporation.

Gates says perhaps as much as a billion dollars will be put into research and development over the next five years. (end)

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