Microsoft is training AI to accelerate regulatory process for nuclear projects

December 12, 2023 09:38 AM PST | By Invezz

Microsoft is training AI to accelerate regulatory process for nuclear projects — Image source: Invezz

AI could make regulatory process less costly

A team of its employees has been training artificial intelligence in the past six months on U.S. nuclear regulations and licensing documents, as per the Wall Street Journal.

Microsoft is convinced that AI can speed up the paperwork and cut costs typically associated with regulatory process for nuclear projects.

The report today reiterates just how committed the tech behemoth is to continued growth in artificial intelligence. Last month, it even announced a new AI chip that it expects will compete with the market-leading products of Nvidia Corp as Invezz reported here.

$MSFT is currently up close to 60% versus the start of 2023.

Watch here: https://www.youtube.com/embed/vknFMCFgR1A?feature=oembed

Why does Microsoft want to go nuclear?

Microsoft Corp foresees huge demand for electricity in the near term as artificial intelligence and supercomputing relies heavily on it.

The multinational is convinced that nuclear could be better than renewables to power its AI operations as it provides electricity more consistently while keeping carbon emissions at a minimum.

Note that Bill Gates is one of the tech billionaires who are funding development of SMRs or smaller modular reactors that many believe could be the future of nuclear power.

So far, the U.S. Nuclear Regulatory Commission has approved the reactor design by NuScale Power Corp (NYSE:SMR) only. The process incurred a total of about $500 million in costs.

Interesting article about the prospects for SMR/advanced reactors after the NuScale "fiasco". It focuses on the Bill Gates backed Natrium reactor and the Xe-100 HTGR being pursued by Dow, b/c those are the only other reactors that have significant backing. (Article link in… pic.twitter.com/g9lBOqhACW
— James Hopf (@HopfJames) December 2, 2023

The post Microsoft is training AI to accelerate regulatory process for nuclear projects appeared first on Invezz

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