The U.S. government is shelling out a whopping $2.7 billion to three companies in an effort to strengthen domestic uranium enrichment, amid surging electricity demand from AI data centers.
The Department of Energy announced on Monday that it will award $900 million each to American Centrifuge Operating and Orano Federal Services, as well as General Matter, a nuclear startup backed by billionaire investor Peter Thiel.
The funding will be distributed through task orders over the next 10 years, under what the department described as a “strict milestone approach.”
In essence, I agree with you. Perhaps that just means that all capitalism is crony capitalism. It’s not that big of a distinction to my mind.
And yes, I too would much prefer an economy that’s planned for the good of the common person. Why does that feel more like a pipe dream with each passing day?