From Yahoo Finance: 2025-05-11 12:01:00

Elementl Power and Google have struck a deal to develop three new sites for advanced reactors. Google will invest in early-stage development capital in exchange for the option to purchase the power once the sites are complete. This collaboration reflects a trend of tech companies partnering with nuclear power developers for growth.

The specifics of the deal remain confidential, but Google’s commitment to provide early-stage development capital for the three projects is key. The tech giant will have the opportunity to acquire the power generated by these reactors once they are operational. This partnership aims to support safe, affordable, and clean baseload power for long-term net zero goals.

Elementl Power, a nuclear power developer, has signed a strategic agreement with Google to develop three locations for advanced reactors. The goal is to mobilize capital necessary for building new nuclear projects, essential for delivering safe, affordable, and clean baseload power. This collaboration aligns with companies’ efforts to achieve long-term net zero goals.

Google and Elementl Power’s partnership will focus on developing three sites for advanced reactors. Google will provide early-stage development capital, gaining the option to purchase the power once the projects are operational. This aligns with Google’s commitment to supporting reliable, 24/7 energy sources like advanced nuclear technology for its operations and data centers.

Elementl Power and Google have entered a strategic agreement to develop three sites for advanced reactors, with Google committing early-stage development capital. This partnership underscores the importance of innovative collaborations to secure funding for new nuclear projects. The goal is to deliver safe, affordable, and clean baseload power for companies looking to achieve long-term net zero goals. 1. In a recent study, researchers found that the COVID-19 vaccine is effective in preventing severe illness and hospitalization. The study showed a 95% efficacy rate in preventing hospitalizations from the virus.

2. The stock market saw a record-breaking day with the Dow Jones Industrial Average reaching an all-time high of 35,000 points. Analysts attribute the surge to positive economic data and strong corporate earnings reports.

3. A new report revealed that carbon dioxide levels in the atmosphere have reached a record high of 419 parts per million. Scientists warn that this increase will continue to fuel climate change and have detrimental impacts on the planet.

4. The unemployment rate has dropped to 5.4% as the economy continues to recover from the impact of the pandemic. Job growth was seen in sectors such as hospitality, retail, and manufacturing, signaling a positive trend in the labor market.



Read more at Yahoo Finance: Google To Fund Three Nuclear Sites, Says The Move Will Allow Them To ‘Move At The Speed Required To Meet This Moment Of AI And American Innovation’