Google-Backed Nuclear Restart Wins .9 Billion U.S. Loan
Federal financing moves Iowa’s only nuclear plant closer to a 2029 restart as Google secures long-term power for growing cloud and AI demand.
Business, technology and what comes next.
NextNow / Archive
Federal financing moves Iowa’s only nuclear plant closer to a 2029 restart as Google secures long-term power for growing cloud and AI demand.
Texas is auditing data-center grid requests and weighing tougher conditions, turning AI infrastructure growth into a test of power, water and public legitimacy.
The convertible-bond investment ties MediaTek’s custom silicon to Nvidia’s data-center architecture across cloud systems, PCs and vehicles.
The $1.1 billion fund treats AI as an industrial buildout that extends from semiconductors and networking to robotics and home appliances.
The $926 million facility is tied to infrastructure for an investment-grade customer, blending cloud demand with structured finance.
The cloud provider will deploy Blackwell and Rubin chips in 2027 and 2028 as the companies extend their alliance across the AI stack.
Alibaba priced 710 million new shares at HK$112.70 each, with the Hong Kong placement expected to close Aug. 26 and all net proceeds earmarked for AI.
AMD’s Helios rack-scale design combines 72 MI455X accelerators with EPYC processors and Pensando networking as it challenges Nvidia’s AI infrastructure lead.
Nvidia is recruiting six financial giants to turn computing capacity into an investable infrastructure asset.
Amazon has confirmed plans for a Pecos County data-center campus tied to GW Ranch, whose state permit allows up to 33.2 million tons of greenhouse-gas emissions a year.