X-energy Takes Tier 1 Founding Role in USD 60 Million AI Nuclear Project Prometheus
X-energy signed on as a Tier 1 founding partner in Project Prometheus, a research effort led by Idaho National Laboratory, NVIDIA and AWS that applies artificial intelligence to speed advanced nuclear deployment, according to a GlobeNewswire announcement.
The three-year program received USD 60 million under the U.S. Department of Energy's Genesis Mission, with goals to shorten schedules and cut operating costs for advanced nuclear technologies, per the release.
X-energy's Tier 1 stake carries USD 10 million in private capital and a board seat, plus access to its Xe-100 small modular reactor design and TRISO-X fuel fabrication data.
Project Prometheus brings together 32 U.S. laboratories, universities and private technology developers to apply AI to nuclear research, the announcement said.
Across the United States and United Kingdom, X-energy has more than 11 GW of new nuclear capacity in development, with commercial Xe-100 projects running with Dow, Amazon, and Centrica.
X-energy and Amazon hold an option to deploy more than 5 GW of new nuclear by 2039 for grid reliability and AWS data center demand, per the release.
Source: globenewswire.com (opens in a new tab)1 sourcePermalink