Big Tech is the nuclear industry's new best friend: Amazon, Microsoft and Google rush to sign deals
Briefly

"Over the past several years, Big Tech firms like Google and Microsoft have trumpeted ambitious plans to go carbon-neutral. But then the generative-AI boom came along and threw a giant wrench in their plans."
"AI models... suck up vast amounts of energy. In the race to develop better models, companies will need a lot more power to come online, and soon."
"Google, Microsoft, and Amazon have all signed deals to help boost the development of new reactors and restart decommissioned ones. Their agreements are a huge endorsement for the nuclear industry and a sign that the tide against it may be turning."
"The industry is also facing competition from increasingly cheaper renewable energy that has made nuclear far less attractive financially, but supporters feel they have a new opening with the rise of artificial intelligence."
Read at Fortune
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