
Of course, the news of search losing preference to AI chatbots like ChatGPT amongst iPhone users grabbed the top story, and the Department of Justice continues to look into antitrust measures against the company’s ad tech business. However, the Alphabet Inc. (NASDAQ: GOOGL) subsidiary continues to spend heavily on AI infrastructure and recently entered an agreement with Elementl Power to develop three new nuclear development sites to power its surging data center energy needs.
Elementl Power is a privately held firm specializing in developing and financing advanced nuclear power projects for clients seeking clean energy solutions. The proposed projects would each produce 600 megawatts of power and operate under Elementl Power’s supervision.