Cameco and Brookfield Involved in $80 Billion U.S. Nuclear Reactor Deal
The government has agreed to an $80 billion deal with Westinghouse Electric, Cameco, and Brookfield to build nuclear reactors, aiming to meet the rising demand for electricity from artificial intelligence.
Power consumption from data centers is set to double by 2035, driving the need for increased electricity production.
- The strategic partnership involves Westinghouse Electric Co., Brookfield Asset Management, and Canadian uranium producer Cameco Corp.
- The deal aims to deliver on United States President Donald Trump’s AI ambitions and scale up an industry vital to competing with China.
- The project is expected to create tens of thousands of jobs, according to a statement by the companies.
The partnership aims to meet the rising demand for electricity from artificial intelligence and create tens of thousands of jobs.
Author's summary: Cameco and Brookfield are part of an $80 billion nuclear reactor deal.
More News
- Global Times: Major financial forum kicks off in Beijing, underscoring China's commitment to reform and opening-up | AAP
- Here are the 5 Startup Battlefield finalists at TechCrunch Disrupt 2025 | TechCrunch
- Hurricane Melissa moves northeast...impacts to reach Cuba and the Bahamas
- Comment | A spate of dealer anniversaries offers hope amid art market doomerism
- The Casandra Cascade: Industrialisation Of Fear - FNArena.com
- CISLAC seeks review of tax incentives in fossil fuel sector - EnviroNews - latest environment news, climate change, renewable energy