The article discusses how Microsoft and Bank of America are collaborating to use artificial intelligence (AI) to help extend the life of nuclear power plants. The key points are: 1) Microsoft and Bank of America are working with Westinghouse Electric Company to develop AI models that can analyze data from nuclear reactors and predict when components may need maintenance or replacement. 2) This AI technology aims to increase the efficiency and safety of nuclear power plants, potentially extending their operational lifespan by up to 20 years. 3) The project involves training AI models on data from sensors and inspections at nuclear plants to identify patterns and predict potential issues. 4) By anticipating maintenance needs, nuclear plants can reduce unplanned downtime and operate more efficiently. 5) The collaboration combines Microsoft’s AI expertise, Bank of America’s project finance capabilities, and Westinghouse’s nuclear engineering knowledge. 6) Extending the life of existing nuclear plants is seen as a crucial step in transitioning to a carbon-free energy future while meeting increasing electricity demands.
Source: https://www.businessinsider.com/microsoft-bank-of-america-nuclear-power-ai-2024-9