menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Nvidia’s B...
source image

TechJuice

1M

read

13

img
dot

Image Credit: TechJuice

Nvidia’s Bet on Nuclear Power: Invests In Bill Gates’s Startup

  • Nvidia has invested in TerraPower, Bill Gates's nuclear energy startup, in a $650 million funding round.
  • The investment aims to support TerraPower's construction of the Natrium plant, the first commercial, advanced nuclear power facility in the U.S.
  • The Natrium plant combines a 345-megawatt sodium-cooled fast reactor with a molten salt-based energy storage system for flexible power generation.
  • Nvidia's investment highlights the increasing energy needs of the AI sector, prompting tech companies to invest in energy infrastructure for data centers.
  • Construction of the Natrium plant in Wyoming began in 2024, with expected power production to begin by 2030 after regulatory approvals.
  • Nvidia's involvement goes beyond just energy security, integrating AI tools into TerraPower's Natrium reactor project for maintenance and grid resilience.
  • This strategic investment positions Nvidia as a leader in technology and energy sustainability.
  • Tech giants like Google, Meta, and Amazon are also exploring nuclear energy agreements to power their operations, reflecting growing interest in nuclear power for the digital economy.

Read Full Article

like

Like

For uninterrupted reading, download the app