Photo: Mitch Payne Photography/Getty Images

Commonwealth Fusion Systems, a Cambridge, Mass.-based startup focused on commercializing fusion energy, raised $115 million in Series A funding.

Why it matters: Nuclear fusion, the process of combining hydrogen atoms rather than splitting them, has long been the clean energy industry's holy grail, promising unlimited output without creating any carbon emissions or nuclear waste.

  • CFS, spun out of MIT, claims it could have demonstrations by 2021 and a full facility prototype by 2025.
  • Investors: Future Ventures, Khosla Ventures, Lowercase Capital, Moore Strategic Ventures, Safar Partners, Schooner Capital, Starlight Ventures, Breakthrough Energy Ventures, Eni and The Engine.

The bottom line: Stay skeptical, as there are scientific and cost reasons why no one has successfully commercialized nuclear fusion, but this is a well-funded moonshot that's worth watching.

Go deeper: Lightning can start nuclear reactions in the sky

Go deeper

McEnany spars with reporters over whether Trump condemned white supremacy

White House press secretary Kayleigh McEnany clashed repeatedly with members of the media on Thursday over whether or not President Trump has forcefully condemned white supremacy, at one pointing accusing CNN's Kaitlan Collins of asking a "partisan attack question."

Why it matters: It was one of the most confrontational press conferences yet by a White House press secretary brought in for the express purpose of sparring with a Washington press corps that the president has attacked as "the enemy of the people."

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 11 a.m. ET: 34,026,003 — Total deaths: 1,015,107 — Total recoveries: 23,680,268Map.
  2. U.S.: Total confirmed cases as of 11 a.m. ET: 7,237,043 — Total deaths: 207,008 — Total recoveries: 2,840,688 — Total tests: 103,939,667Map.
  3. Health: New poll shows alarming coronavirus vaccine skepticism — New research centers will study "long-haul" COVID — Coronavirus infections rise in 25 states.
  4. Business: Remdesivir is good business for Gilead.
  5. Transportation: The politics of pandemic driving.
  6. 🎧Podcast: The looming second wave of airline layoffs.
3 hours ago - Technology

Senate panel votes to subpoena Big Tech CEOs

Photo: Graeme Jennings/Pool via Getty Images

The Senate Commerce Committee has voted to authorize subpoenas compelling Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey and Google CEO Sundar Pichai to testify before the panel.

Why it matters: The tech giants are yet again facing a potential grilling on Capitol Hill sometime before the end of the year, at a time when tech is being used as a punching bag from both the left and right.