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CNBC's Pippa Stevens reports on the latest news regarding nuclear energy.
Alphabet's Google is in talks with Italy's government over plans to set up base stations in Sicily to develop infrastructure for a submarine fiber optic cable network across the Mediterranean, a cabinet undersecretary said on Tuesday.
As the market is hitting new all-time highs, why are these two companies lagging behind?
Uranium Energy is the best uranium miner to back, with no debt, significant inventory, and operational readiness, poised for substantial growth. Google's commitment to small modular reactors underscores the rising demand for uranium, benefiting UEC's unhedged position and strategic uranium purchases. UEC's recent resumption of uranium extraction in Wyoming and expansion of its processing plant highlight its operational leverage and preparedness.
Tech company orders six or seven small nuclear reactors from California's Kairos Power
Alphabet Inc (NASDAQ:GOOG) owned Google has signed a deal with Kairos Power to use small nuclear reactors to run its energy-hungry artificial intelligence (AI) data centres. The agreement will see Google start using the first reactor within this decade, with more planned by 2035.
Google announced today that it has signed a deal with nuclear startup Kairos Power to build seven small reactors to supply electricity to its data centers. The agreement promises to add around 500 megawatts of carbon-free electricity at a time when energy demand for data centers and AI is surging.
Google on Monday signed a deal to get electricity from small nuclear reactors to help power artificial intelligence.
CNBC's Deirdre Bosa joins 'Closing Bell' to discuss Google's nuclear energy partnership.
Alphabet's Google said on Monday it signed the world's first corporate agreement to buy power from multiple small modular reactors as the technology company looks to meet electricity demand from artificial intelligence.