Cameco and Brookfield Involved in $80 Billion U.S. Nuclear Reactor Deal
The government has agreed to an $80 billion deal with Westinghouse Electric, Cameco, and Brookfield to build nuclear reactors.
Power consumption from data centers is expected to double by 2035, driving the demand for electricity.
The strategic partnership aims to support the United States' artificial intelligence ambitions and create tens of thousands of jobs.
The deal is seen as vital to competing with China and delivering on President Donald Trump's AI goals.
- Partners involved: Westinghouse Electric, Cameco, Brookfield Asset Management
- Deal value: $80 billion
- Expected outcome: Creation of tens of thousands of jobs
Author's summary: Cameco and Brookfield are part of an $80 billion deal to build nuclear reactors in the U.S.