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Bill Gates goes nuclear, turning a small coal town upside down

Marketplace

Marketplace

News, Business

4.6 β€’ 8.5K Ratings

πŸ—“οΈ 20 June 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

Three years ago, a town of 2,500 formed an unlikely relationship with multibillionaire Bill Gates. He had new nuclear technology and Kemmerer, Wyoming, had a declining coal industry. This week, Gates broke ground on a first-of-its-kind power plant. Will it revive a struggling local economy or upheave the small community’s way of life? Also in this episode: Summer gasoline use is down, Nvidia dominates AI chipmaking and apartment buildings aren’t being built β€” despite high demand for more housing.

Transcript

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1:14.0

It's one thing to be a big company.

1:18.0

It's entirely another to stay a big company.

1:22.0

From American public media this is Thursday today. This one is the 20th of June.

1:41.0

Good as always to have you along everybody. If there has not been yet there

1:45.5

will soon be a business school case study written about NVIDIA. The AI chip

1:51.4

design company that depending on the day is either the first or second most valuable

1:56.6

company on the planet.

1:58.6

Second today worth a shade less than three and a quarter trillion dollars.

2:04.1

And yes, sure, the case study will look at how exactly NVIDIA got to where it is, but also

2:09.8

how it's maintaining its dominance in the AI chip market,

...

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