Inside the AI Revival of the Infamous Three Mile Island Nuclear Plant

The people, companies and trends shaping the global economy.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Businessweek visited Three Mile Island and went inside the training facility preparing for the the plant to come back online as soon as mid-2027. Thanks to a long-term agreement signed by Microsoft Corp. and Constellation Energy Corp. in September 2024, the energy from the plant will power chatbots and other artificial intelligence applications. 

All this under a new and baggage-free name: the Crane Clean Energy Center. The agreement commits Microsoft to buying all the electricity produced by the site’s remaining functional 835-megawatt reactor for 20 years.

Today's show features:

• Will Wade, Bloomberg Energy Reporter on how Microsoft's vast power demands are bringing together two transformative—and risky—technologies
• Christel Rendu de Lint, co-CEO at Vontobel
• Daniel Barcelo, Chairman and CEO at T1 Energy on state of energy industry
• Michael Gross, SLR Capital Partners Co-Founder and James Crombie, Bloomberg Senior Editor for Credit on state of Private Credit
• Meenakshi Lala, CEO at UrbanStems

See omnystudio.com/listener for privacy information.