Bill Gates, China jointly developing nuclear reactor

Microsoft co-founder Bill Gates confirmed Wednesday he is in discussions with China to jointly develop a new and safer kind of nuclear reactor.
"The idea is to be very low cost, very safe and generate very little waste," said the billionaire during a talk at China’s Ministry of Science and Technology.
Gates has largely funded a Washington state-based company, TerraPower, that is developing a Generation IV nuclear reactor that can run on depleted uranium.
The general manager of state-owned China National Nuclear Corporation, Sun Qin, was quoted in Chinese media last week saying Gates was working with it to research and develop a reactor.