🚀 Three Mile Island Unit 1 Restart

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Market Overview
Read time 1.4 minutes

Year To Date Performances:

1. Constellation Energy plans to restart the Three Mile Island Unit 1 nuclear plant by 2028 and sell its power to Microsoft under a 20-year agreement. The deal highlights the tech sector's increasing reliance on nuclear power to meet rising energy demands from data centers, especially with the growth of AI. Constellation will invest $1.6 billion in the plant, aiming to extend its operations until at least 2054. This restart symbolizes a revival of nuclear power as a clean, reliable energy source amidst growing electricity demand.

2. Indian filmmaker Ram Gopal Varma has announced that he will exclusively use AI-generated music for his future projects, marking a shift towards AI in the film industry. His venture, RGV Den Music, will feature tunes from AI apps like Suno and Udio. Varma believes AI eliminates the inefficiencies caused by human musicians and is more cost-effective. He predicts that AI-generated music will eventually replace human composers. His latest film, Saree, will feature a fully AI-generated background score.

3. Raise Venture Capital in 2024. Get the course helping top founders raise venture capital. The materials in this course are used by founders pitching a16z, Sequoia, YC and more while raising tens of millions! Get the course now for just $199. *

4. Headlines

   1. Nike CEO John Donahoe is retiring on October 13th and will be replaced with Elliott Hill, who worked at Nike for 32 years before retiring in 2020.

   2. FTC is suing drug distributors for artificially inflating insulin prices.

   _{* This is sponsored content.}

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Save Your Spot.

Are you looking to grow your business? Here is how I can help:

📢Promote your startup to 2,000+ VCs including investors from a16z, YC, Techstars, Rarebreed, Sequoia and more.

📱Book a Strategy Call to get 1:1 feedback on your pitch, pitch deck and/or fundraising strategy. (If you need general startup advice, then reply to this email, and I’ll let you know if/how I can help.)

📺 Access FundraiseOS, the ultimate fundraising course with video lessons and practical worksheets helping with everything from deciding how much to raise to understanding a term sheet.

💸Promote your product or service to 100,000+ entrepreneurs.

🌐 Connect with me on LinkedIn or X (formerly Twitter) to get access to new content about startups, fundraising, venture capital, and more every day.

Onwards and Upwards,

Liam Gill

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