The Trump administration has entered a new $80 billion strategic partnership to expand nuclear power generation in support of artificial intelligence (AI) development, one of its project partners announced on Tuesday.
Brookfield Asset Management, in partnership with Westinghouse Electric Company and Cameco Corporation, said in a statement that the initiative would involve “at least $80 billion of new reactors” across the United States to “accelerate nuclear power and artificial intelligence deployment in America.”
Although the statement did not include a timeline for construction, a Brookfield spokesperson linked the announcement to President Trump’s May executive order calling for ten “new large reactors with complete design under construction by 2030.”
According to the company, the US government will provide the capital to launch the programme.
The move marks Washington’s most significant investment in nuclear energy since Donald Trump returned to the White House in January.
Tech giants including Google and Microsoft have also announced major nuclear projects to meet soaring energy demands driven by AI technology.
“This initiative will help realise President Trump’s grand vision to fully energise America and win the global AI race,” said Energy Secretary Chris Wright. “President Trump promised a renaissance of nuclear power, and now he is delivering.”
Beyond the AI race—which the administration views as a national security priority—the project is also expected to provide a substantial economic boost.
Each two-unit Westinghouse AP1000 nuclear project “sustains 45,000 manufacturing and engineering jobs in 43 states,” while nationwide deployment could create over 100,000 construction jobs, the joint press release stated.