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Google selects Tennessee for new modular nuclear reactor

Google selects Tennessee for advanced nuclear reactor to power data centres by 2030 in partnership with TVA and Kairos Power

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Google selects Tennessee for advanced nuclear reactor to power data centres by 2030 in partnership with TVA and Kairos Power

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In Short:
– Google will build an advanced nuclear power plant in Tennessee to supply its data centres by 2030.
– The facility will support 500 megawatts of capacity, enough for around 350,000 homes.

Google has chosen Tennessee for an advanced nuclear power plant to supply electricity to its data centres. According to Reuters, the facility, developed with Kairos Power, is set to begin operations in 2030.Banner

This initiative addresses the significant energy demands of technologies such as generative artificial intelligence, which have contributed to record U.S. power consumption. The Tennessee reactor will be the first under Google’s agreement to purchase energy from multiple small modular reactors, supporting 500 megawatts of capacity—enough for about 350,000 homes.

Significant Project

The Oak Ridge plant will operate under a long-term agreement with the Tennessee Valley Authority. Amanda Peterson Corio of Google emphasised the project’s role in advancing sustainable nuclear technologies while supporting the digital economy. U.S. Energy Secretary Chris Wright noted that the development of advanced nuclear reactors is crucial for maintaining American leadership in AI and energy. Currently, there are no commercially available advanced nuclear plants in the U.S.


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Nvidia and Amazon explore massive OpenAI funding round

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

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Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

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In Short:
– OpenAI aims to raise up to $100 billion, with Amazon considering a $50 billion investment.
– Funding will support Project Stargate and address projected losses of $14 billion by 2026.

Nvidia’s CEO has confirmed the company will participate in a major funding round for OpenAI, though the previously mentioned $100 billion commitment is not final.

This investment comes as OpenAI seeks to raise up to $100 billion, potentially valuing the AI startup at around $830 billion. Amazon is also reportedly in discussions to contribute up to $50 billion.

The funding is intended to support OpenAI’s ambitious $500 billion Project Stargate, aimed at pushing the boundaries of artificial intelligence.

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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Memory shortages and rising prices could persist through 2027

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

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Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.


Memory chips critical to consumer electronics and AI data centres remain in tight supply, keeping prices elevated despite production expansion by major players including Samsung and Micron.

Lenovo warns higher memory costs will hit budget devices first, even as PC demand stays strong from Windows 11 upgrades.

#Lenovo #ConsumerTech #PCMarket #Windows11 #TechPrices #Laptops #HardwareNews #DigitalEconomy


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