DOE Funds $800M, Selects TVA and Holtec for Deployment of Small Modular Reactors

WASHINGTON—The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services to support early deployments of advanced light-water small modular reactors (SMRs) in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee and […]

HPC News Bytes 20250210: Big AI CAPEX Binge, More Data Center SMRs, Euro-Origin Quantum, Softbank Eyes Ampere

Good post-Super Bowl morning to you! The past week was somewhat calm relative to the riotous preceding period in the world of HPC-AI, but still, important developments emerged. Here’s a fast (5:52) overview ….

Nuclear Power: X-Energy Closes $700M Round for SMR Development

ROCKVILLE, Md., February 6, 2025 – X-Energy Reactor Company, LLC (“X-energy”), a leader in advanced nuclear reactor and fuel technology, today announced the closing of its upsized Series C-1 financing round of $700 million. Segra Capital Management, Jane Street, Ares Management funds, Emerson Collective, and others join the previously announced round anchored by Amazon.com, Inc.’s […]

HPC News Bytes 20250203: DeepSeek Lessons, Intel Reroutes GPU Roadmap, LANL and OpenAI for National Security, Nuclear Reactors for Google Data Centers

The HPC-AI world was upended last week by DeepSeek AI benchmark numbers, as the dust settles we offer commentary on what it may, at this stage, mean: Five lessons from DeepSeek, Intel GPU rack scale architecture ….