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Brookfield CEO on $80B nuclear deal with U.S. government
CNBC Television· 2025-10-29 15:43
Nuclear Energy Investment & Development - Brookfield is involved in an $80 billion investment into new nuclear plants in the United States [1] - The US government is buying $80 billion of nuclear plants from Brookfield and Westinghouse [4] - The first nuclear plant rebuild in South Carolina is expected to be operational by 2030 [5] - Future nuclear plant construction is estimated to take 6-8 years, with hopes of reducing the time through experience and supply chain improvements [6] - Nuclear energy is considered a clean, efficient, and safe baseload power source, essential for future energy needs [8] Public-Private Partnership & Government Support - The US government is backing the nuclear initiative to re-industrialize the business in America [3] - The current US government is focused on less regulation, more business, and lower taxes, supporting investments that re-industrialize American businesses [5] - The US government is financing the $80 billion nuclear plants [4] Energy Demand & Future Outlook - The energy use is expected to double, or potentially more than double, in the next 15 years [8][9] - All power sources, including solar, gas, nuclear, and hydro, are needed to meet the increasing energy demand [9] - Data centers are now consuming enormous amounts of power, with some customers requiring 1 gigawatt for a single data center, representing a $50 billion investment for an AI factory [11][12]
US and China Compete for AI Lead
Bloomberg Technology· 2025-07-25 18:23
You've been applauding this action plan. Is there enough there for startups as well as big tech. It's it's definitely got an amazing basis for it.It was it was broad and it was reaching. And I've never seen an administration act this quickly. And I think one of the biggest issues here is that we need to be ahead of China in all aspects.And the only way that this is going to occur if if we have a public private partnership where you have both government ensuring that they're getting all the regulatory tape a ...