BREAKINGVIEWS-Nuclear mega-deal illuminates AI’s glowing gap
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Japan is backing an $80 billion provisional plan with Brookfield and the U.S. government to build nuclear power plants, highlighting the complexities of funding artificial intelligence. The partnership includes Westinghouse Electric and Cameco, with the U.S. government set to receive 20% of cash distributions beyond $17.5 billion. The deal allows the government to push for Westinghouse's IPO by 2029 if valued at $30 billion, providing taxpayers with a warrant for 20% of the company's value.
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