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Google signs deal with nuclear company as data center power demand surges - TL;DR CNBC

Google signs deal with nuclear company as data center power demand surges

Publishing timestamp: 2024-10-14 19:00:18


Summary

Google will purchase power from small modular reactor developer Kairos Power to meet growing energy demands from data centers. This move is part of a larger trend of tech companies turning to nuclear power for reliable, emissions-free baseload power. The first reactor is expected to be online by 2030, with more to follow through 2035.


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Keywords: marketsbreaking news: technologyconstellation energy corpclimatebreaking news: marketsenvironmentmicrosoft corpamazon.com incstock marketsbreaking news: businessbreaking news: investingtalen energy corpwall streeteconomyenergyalternative and sustainable energytechnologynuclear powernuclear power plantbusiness newsalphabet incartificial intelligence

Source: https://www.cnbc.com/2024/10/14/google-inks-deal-with-nuclear-company-as-data-center-power-demand-surges.html


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