The article discusses the growing interest of big tech companies like Microsoft, Google, and Amazon in nuclear energy startups as a potential solution to power their energy-intensive data centers. These companies are investing in advanced nuclear reactor designs that promise safer and more efficient operations compared to traditional nuclear plants. The article highlights the venture capital boom in this sector, with startups like Oklo, Terrapower, and Commonwealth Fusion Systems raising significant funds. The key drivers behind this trend are the increasing demand for computing power, the need for carbon-free energy sources, and the potential for nuclear energy to provide reliable and affordable electricity. However, the article also notes the challenges faced by these startups, including regulatory hurdles, public perception issues, and the need for significant capital investments. Overall, the article suggests that the involvement of big tech companies could accelerate the development and deployment of advanced nuclear technologies, potentially reshaping the energy landscape for data centers and beyond.
Source: https://www.businessinsider.com/big-tech-nuclear-startups-ai-data-center-vc-boom-2024-12