The group aims to assemble $30 billion of initial capital, with a future goal of raising $100 billion, including from debt financing.

The huge power demands spurred by the AI revolution spur a drive to find new energy sources, rompting a reboot for the 1979 site of America's worst nuclear accident.

The owner of the shuttered Three Mile Island nuclear power plant says it plans to restart the reactor under a 20-year agreement that calls for tech giant Microsoft to buy the power to supply its data

Power-hungry generative AI models are quickly making Big Tech sizable energy requirements even more demanding and forcing companies to seek out energy from unlikely places. While Meta and Google are exploring modern geothermal tech and other newer experimental energy sources,

Microsoft signs a deal to restart a dormant nuclear facility next to the original nuclear plant, which suffered a partial nuclear meltdown in 1979.