Elementl Power announced Wednesday it has partnered with Google to develop three new advanced nuclear reactor sites, according to Benzinga. Though financial terms were not disclosed, Google will provide early-stage development capital and gain the option to purchase power once the sites are operational. Google said its partnership with Elementl Power will help strengthen power grids with reliable nuclear energy to meet the rising demands of AI and innovation.
Category
đź—ž
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Elemental Power announced Wednesday it has partnered with Google to develop three new
00:06advanced nuclear reactor sites, according to Benzinga. Through financial terms where not
00:10disclosed, Google will provide early-stage development capital and gain the option to
00:14purchase power once the site is operational. Google said its partnership with Elemental
00:18Power will help strengthen power grids with reliable nuclear energy to meet the rising
00:22demand of AI and innovation. For all things money, visit benzinga.com slash GSTV.