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Argentina hopes to attract Big Tech with nuclear-powered AI data centers

a year ago
  • #Artificial Intelligence
  • #Argentina
  • #Nuclear Energy
  • Argentine President Javier Milei aims to make Argentina a global hub for nuclear energy and AI.
  • The plan includes constructing small modular reactors (SMRs) to power AI data centers.
  • Argentina could be the first country with a commercially available SMR, following China and Russia.
  • Goldman Sachs highlights nuclear power as key to meeting AI-driven electricity demand.
  • Big tech firms like Amazon, Google, and Microsoft are investing in nuclear energy for data centers.
  • Argentina's state-owned Invap patented the ACR-300 SMR, backed by an unnamed American investor.
  • Milei met with tech leaders like Elon Musk and Mark Zuckerberg to attract investments.
  • Some scientists doubt the feasibility of Argentina's 2030 SMR target, citing lack of engineering details.
  • The CAREM nuclear project, 85% complete, was halted due to funding cuts under Milei.
  • Argentina plans to mine and export uranium, and build a nuclear-powered data center hub in Patagonia.
  • Labor strikes and low salaries at CNEA pose challenges to the nuclear plan.
  • SMRs could initially be used to power remote towns not connected to the national grid.