US Government Announces $80 Billion Nuclear Partnership for AI
The Trump administration has entered into a new $80 billion "strategic partnership" to boost nuclear power generation and support AI deployment.
The initiative anticipates "at least $80 billion of new reactors" across the United States to "accelerate nuclear power and artificial intelligence deployment in America."
According to a press release from Brookfield Asset Management, the partnership will include Westinghouse Electric Company and Cameco Corporation. The press release did not specify a timeframe for the buildout.
A Brookfield spokesman stated that the announcement is related to Trump's May executive order, which aims to have 10 "new large reactors with complete design under construction by 2030.
Author's summary: US government partners to boost nuclear power for AI.
- Partners: Brookfield Asset Management, Westinghouse Electric Company, and Cameco Corporation
- Investment: $80 billion
- Goal: Accelerate nuclear power and AI deployment in the US