Reported 30 days ago
As nuclear energy gains popularity, driven by tech giants like Microsoft, Amazon, and Alphabet seeking efficient power for AI data centers, Bill Gates has invested over $1 billion in the small modular reactor company TerraPower. While this startup isn't publicly traded, NuScale Power has emerged as a similar investment opportunity, with its stock surging over 400% this year. Despite its high risk due to lack of revenue and project setbacks, NuScale's connection with a major engineering firm offers potential advantages in the growing nuclear sector, prompting consideration from risk-tolerant investors.
Source: YAHOO