this post was submitted on 15 Oct 2024
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[–] Fiivemacs@lemmy.ca 50 points 1 month ago (27 children)

Google, like Microsoft then begs for taxpayer money to run this operation and the government, being in bed with all companies agrees to sell its citizens out...yet again.

Inb4 Microsoft and google electricity services for residents.

[–] todd_bonzalez@lemm.ee 1 points 1 month ago (7 children)

I don't see where this is being paid for with tax dollars. It looks like it's all privately funded to me.

[–] Fiivemacs@lemmy.ca 1 points 1 month 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

[–] Cethin@lemmy.zip 1 points 1 month 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.

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