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SHINE Technologies CEO Greg Piefer & Aetherflux CEO Baiju Bhatt at Semafor World Economy, Sonic AI
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SHINE Technologies CEO Greg Piefer & Aetherflux CEO Baiju Bhatt at Semafor World Economy
Semafor World Economy Summit 2026
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Apr 29, 2026
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19:15
Conference
Panel
SHINE Technologies CEO Greg Piefer & Aetherflux CEO Baiju Bhatt at Semafor World Economy
From
Semafor World Economy Summit 2026
· 2026
Greg Piefer
(guest)
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Executive Summary
Shine Technologies is commercializing nuclear fusion by targeting high-value, near-term applications like industrial testing and medical isotope production, using this revenue to drive down costs for eventual grid-scale energy by 2040.
Aetherflux is building an "energy grid in space" using large solar arrays and infrared lasers to beam power to Earth, initially targeting military applications and planning to deploy its first space-based data center in 2027 to meet the growing energy demands of AI.
Both companies exemplify a strategy of using niche, high-margin markets (e.g., defense, medicine) to fund the capital-intensive development of deep technologies with long-term, world-changing potential.
The discussion highlights the intersection of AI, space, and energy, framing the massive energy consumption of AI as a key catalyst for innovation and investment in new power generation technologies like fusion and space-based solar.
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Processed May 10, 2026
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