Data centers now attract more investment than than finding new oil supplies
In a shift, the world will spend $40 billion more on new data centers this year than it will on finding new sources of oil.
nuclear power
Data centers now attract more investment than finding new oil supplies
In a shift, the world will spend $40 billion more on new data centers this year than it will on finding new sources of oil.
Altman and Nadella need more power for AI, but they’re not sure how much
The CEOs of OpenAI and Microsoft are betting that AI will continue to consume more electricity, but they’re not sure how much. That could leave some investors holding the bag.
Google to bring shuttered nuclear power plant back from the dead
Google is working with NextEra to reopen the Duane Arnold Energy Center in Iowa to power the tech companies data centers.
Nuclearn gets $10.5M to help the nuclear industry embrace AI
Nuclearn has developed AI tools to help reactor operators automate routine paperwork. “Think of it as the junior employee,” the company tells customers.
Nuclear startup Deep Fission goes public in a curious SPAC
Deep Fission had been seeking to raise $15 million in a seed round as recently as April. The reverse merger will raise twice that amount.
Aalo Atomics raises $100M to build a microreactor and data center together
Nuclear startup Aalo Atomics plans to turn on its first power plant, the 50-megawatt Aalo-X, in the summer of 2026. It’s an aggressive timeline that bucks nuclear industry trends.
Google’s data center energy use doubled in 4 years
Google has pledged to use only carbon-free sources of electricity to power its operations, a task made more challenging by its breakneck pace of data center growth.