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Google Signs Deal to Buy Nuclear Power from Small Modular Reactors

Alphabet's Google has signed a corporate agreement to buy power from multiple small modular reactors developed by Kairos Power. This is the world's first corporate deal of its kind, and it will provide Google with nuclear energy to power its AI needs. The agreement highlights Google's commitment to sustainable and clean energy sources.

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    • Tiger VTiger V
      ·2024-10-27

      Powering Up with Alphabet: How to Invest in Google's Energy and AI Ambitions

      Market Overview Alphabet Inc. $Alphabet(GOOG)$   the tech giant behind Google, YouTube, and Google Cloud, is making headlines not only for its AI advancements but also for its pioneering commitment to sustainable energy. Alphabet recently signed a landmark agreement to source nuclear power from small modular reactors developed by Kairos Power, aiming to supply 500 megawatts of carbon-free energy to U.S. grids by 2035. This aligns with Alphabet’s ongoing growth in AI and cloud, which significantly contributed to its $85 billion revenue in Q2 2024. Alphabet's aggressive moves in AI, coupled with its commitment to green energy, position it uniquely among FAANG stocks. For investors, these steps provide a promi
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      Powering Up with Alphabet: How to Invest in Google's Energy and AI Ambitions
    • MaverickWealthBuilderMaverickWealthBuilder
      ·2024-10-17

      Nuclear is the best performer in SP500 this year!

      Nuclear power has become a hot spot since the week.This hot concept is from AI - because of the electricity.Four of the top 10 performers in the $.SPX(.SPX)$ this year. Utility consists of Four of them, with $Vistra Energy Corp.(VST)$ leading the way with a year-to-date return of more than 252%. $NVIDIA Corp(NVDA)$ If NVIDIA is the AI seller of shovels, then Power & Energy is the seller of the seller.The main reason for this two-day explosion is that giants including $Amazon.com(AMZN)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$
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      Nuclear is the best performer in SP500 this year!
    • Ak081Ak081
      ·2024-10-15
      UQDWZ507_X4lCMAAM89BcAgEYjERaRH8AgiTBg5Gw8_AsPO9
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