Westinghouse Electric has submitted its Preliminary Safety Design Report (PSDR) for the eVinci Microreactor to the National Reactor Innovation Center (NRIC), marking a key milestone in the development of nuclear energy to power the ever-growing demands of AI. This move comes as the energy consumption of AI models continues to rise exponentially, with the need for clean and reliable power sources becoming increasingly crucial.
Clean Core Thorium Energy, a nuclear fuel innovator, has joined Canadian Nuclear Laboratories’ (CNL) Canadian Nuclear Research Initiative (CNRI) to validate its thorium-based ANEELTM fuel for use in CANDU reactors. This partnership aims to advance the commercialization of this advanced fuel technology, offering enhanced safety, economics, and reduced nuclear waste for the Canadian and global nuclear industries.
Atomic Canyon, a leader in generative AI for the nuclear industry, and Oak Ridge National Laboratory (ORNL) have collaborated to develop an advanced AI model trained on the Frontier supercomputer. This open-source model sets new standards for accuracy and speed in nuclear data search, making it a valuable tool for research, engineering, and deployment of nuclear energy.
Pennsylvania Governor Josh Shapiro is urging regulators to expedite the reintegration of the Three Mile Island nuclear reactor into the power grid, aiming to supply power to Microsoft data centers by 2028. This move is driven by the growing demand for clean energy, particularly for data centers and electric vehicles.
Nano Nuclear Energy Inc. (NNE) stock jumped by 13.7% on Monday after the company announced the launch of its new subsidiary, NANO Nuclear Space. This subsidiary aims to explore the use of NANO’s advanced micronuclear reactor technology for space applications, including power systems, human habitation, and propulsion for long-distance missions.
Amazon is exploring nuclear energy as a potential source for powering its growing data center operations. This move, highlighted by the recent posting for a Principal Nuclear Engineer, follows Amazon’s commitment to clean energy and its recent acquisition of a data center campus powered by a nuclear plant. However, the company’s nuclear ambitions have raised concerns about potential cost burdens on other energy consumers and have sparked debate among tech giants about the best approach to carbon-free energy.
The Biden administration is investigating a significant increase in enriched uranium imports from China, fearing it could be a loophole for Russia to circumvent a U.S. import ban. This move comes amid concerns about Russian funding for its war in Ukraine and rising geopolitical tensions with China.
Abilene Christian University (ACU) has secured a landmark construction permit from the Nuclear Regulatory Commission (NRC) to build the Natura MSR-1, a liquid salt fueled reactor, marking a significant step forward in advanced nuclear technology. This project, spearheaded by Natura Resources, represents the first deployment of the Natura MSR-1 and the first liquid salt fueled reactor licensed by the NRC in the United States. The MSRR will also be the first new research reactor approved by the NRC in over three decades.
Oracle is making a massive investment in data centers, pledging to spend over $100 billion in the next four years to fuel AI development. This investment will see NVIDIA, the leading AI GPU provider, receive 40% of the funding. Oracle’s CEO, Larry Ellison, has outlined plans to expand its data center network to 2,000 facilities, with some even powered by nuclear energy. Ellison also predicts a fierce battle for AI supremacy, with only a handful of companies and potentially a nation-state leading the charge.
Nano Nuclear Energy (NNE) shares are experiencing a significant rise after the company was selected for inclusion in the Russell 3000 index. This move, effective September 23, positions NNE at the forefront of the advanced nuclear energy market, highlighting its growth strategy and recent advancements. The company’s inclusion in the Russell 3000 is expected to increase investor interest and potentially drive further stock growth.
