Big Tech Goes Nuclear
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 17 October 2024
⏱️ 30 minutes
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| 0:00.0 | We've got the power, you're listening to Motley Full Money. |
| 0:08.0 | I'm Mary Long joined today by Osset Sharma. Osset thank you so so much for being here on this lovely Thursday afternoon. |
| 0:19.0 | Thank you Mary, but you know as much as I like you I have a thing against people planning |
| 0:23.8 | earworms in my ear like just before I start a conversation and now of course I'm |
| 0:28.6 | hearing a certain song from back in the |
| 0:35.0 | back, |
| 0:39.0 | nonetheless, let's proceed with our conversation. I have to be honest, I almost, I debated singing it, and then thought too much, too much. |
| 0:40.0 | I've already had that song stuck in my head all morning |
| 0:42.0 | as I thought about that intro line. |
| 0:44.0 | So there we go. Torturing myself and you and others. |
| 0:49.1 | So hence the intro line Amazon just became the latest big tech company to ink some kind of nuclear power |
| 0:55.4 | deal. The biggest part of this particular deal is that Amazon's teaming up with |
| 0:59.3 | Dominion Energy to explore the development of small modular nuclear reactors in Virginia. |
| 1:05.0 | If you're thinking that you've heard a similar story before, it's likely because you have. |
| 1:10.0 | Amazon is not the first hyperscaler to go this route of teaming up with an energy utility company. |
| 1:16.4 | Microsoft and Constellation Energy earlier last month announced that they were going |
| 1:20.0 | to restart Three Mile Island, the site of the most serious nuclear meltdown and |
| 1:25.8 | radiation link in US history. |
| 1:28.3 | Alphabet announced earlier this week that it's teaming up with the privately held |
| 1:32.0 | Kyros Energy to build seven |
| 1:34.4 | small nuclear reactors nuclear and big tech but we'll just stick on nuclear |
| 1:39.2 | nuclear is the common denominator in these stories but that Power Source is certainly not without its |
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