DOE commits $5B in loans to Constellation nuclear uprates
TechCrunch reports the Trump administration is extending $5 billion in loans to Constellation Energy to uprate 11 reactors, adding 1.1 gigawatts for data centers.
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TechCrunch reports the Trump administration is offering Constellation Energy $5 billion in loans to uprate 11 reactors across eight plants, adding 1.1 gigawatts. Most or all added power at seven facilities has already been purchased by Google, Meta, or Amazon. The loan commitment is not finalized and may lower financing costs.
DOE commits $5B in loans to Constellation nuclear uprates ↗TechCrunch reports the Trump administration is extending $5 billion in loans to Constellation Energy to uprate 11 reactors, adding 1.1 gigawatts for data centers.
Anthropic's S-1 shows Amazon holding convertible notes valued at $97.9 billion against just $6.2 billion principal, far exceeding VC returns.
TechCrunch reports a decades-old PHP vulnerability forced urgent patch-or-shut-down guidance, with millions of attempted exploits observed and AI expected to find more flaws.