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Tech companies are signing long-term deals and investing in nuclear firms to secure AI power
Summary
Multiple witnesses described recent corporate investments and power purchase agreements that are linking hyperscalers and nuclear developers as a way to secure reliable power for AI data centers.
Witnesses described a recent string of private-sector deals in which large technology firms have invested in or contracted for nuclear power to guarantee long-term supplies for AI data centers.
Pat Schweiger, chief technology officer of Oklo, said Oklo had secured a pipeline of customer commitments and highlighted a "12 gigawatt master power agreement with AI and data center provider Switch," calling it one of the largest corporate clean-power…
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