Mentioned:
One of the biggest deals ever for nuclear power has just happened. And it might reshape the future of how data centres are powered.
What’s happening:
- Oklo (NYSE: OKLO) has entered into a new deal with technology infrastructure company Switch to provide them with nuclear power for their data centres based in the United States of America
Why it matters:
- This is one of the largest deals to ever happen for nuclear power between two American companies and represents a potential breakthrough for the scalability of Oklo’s technology
By the numbers:
- Oklo will provide Switch with 12 gigawatts of advanced nuclear power deployment over the next 20 years
Going deeper:
- Oklo has been striking multiple new deals with data centre operators recently, all of which are focused on building their flagship Aurora powerhouses directly on location
- The United States Department of Energy has also been collaborating closely with Oklo on building out the first ever fast fission power plant in America, which is set to be constructed in Idaho
The intrigue:
- Finding ways to power data centres at large scale has continued to be a major focus globally, which has just recently led to one of the world’s most expensive new data centre projects being formed in Canada to commit to using natural gas and geothermal energy
