Oklo is planning a $1.68 billion first-of-its-kind facility in Tennessee that will convert nuclear waste into fuel to power the company’s advanced reactors https://t.co/mSnLdQ7Jrh ...

Core Insights - Google has signed an agreement with Elementl Power to develop three advanced nuclear reactor sites to meet the energy demands of data centers [1][2] - Each site is expected to generate a minimum of 600 megawatts of power capacity, with Google having the option to purchase the power once operational [2][3] - Elementl Power aims to add 10 gigawatts of nuclear power to the grid by 2035, indicating a significant commitment to nuclear energy development [6] Company Initiatives - Google is investing in early-stage development capital for the nuclear projects, focusing on site permitting and securing interconnection rights [2][5] - The collaboration is part of Google's strategy to enhance power grid reliability and support the growing energy needs driven by AI and innovation [3][6] - Elementl Power, founded in 2022, is currently technology agnostic regarding reactor types and will select the most advanced technology when construction begins [4][5] Industry Context - The demand for baseload power is increasing, with estimates suggesting that 50 gigawatts of new power capacity will be needed by 2027 to support AI [7][8] - Other tech companies, including Amazon and Nvidia, have acknowledged the ongoing need for reliable power sources despite concerns about AI efficiency reducing energy requirements [7]