this post was submitted on 15 Oct 2024
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Google signs deal for nuclear energy to power AI datacenters. (newsukraine.rbc.ua)
submitted 8 months ago by TheOne@lemmy.blahaj.zone to c/technology@lemmy.world
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[โ€“] Fiivemacs@lemmy.ca 1 points 8 months ago (1 children)

https://www.washingtonpost.com/business/2024/10/03/nuclear-microsoft-ai-constellation/

Here's the one for Microsoft. Google will follow suit sooner or later. These companies don't get this loaded by spending their money on big projects like this

[โ€“] Cethin@lemmy.zip 1 points 8 months ago

It's a loan, not a grant. I agree they should go to the private sector for the load if they want to keep the energy for private use only, but they are required to pay it back, with interest. The company is worth far more than the loan is, so it's very low risk.