The U.S. government is shelling out a whopping $2.7 billion to three companies in an effort to strengthen domestic uranium enrichment, amid surging electricity demand from AI data centers. The Department of Energy announced on Monday that it will award $900 million each to American Centrifuge Operating and Orano Federal Services, as well as General Matter, a nuclear startup backed by billionaire investor Peter Thiel. The funding will be distributed through task orders over the next 10 years,...
