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, under what the department described as a “strict milestone approach.”
Cronyism. They always say “There’s no money for that” when it comes to helping people who need it, but as soon as it comes to helping their rich friends or building monstrosities of vanity, suddenly they find the money for it.
At this point, ordinary income-earners in america should just stop paying taxes, because they’ll never see that money come back to help them in anyway. It’s all getting funneled directly to the rich, who also happen to be receiving enormous tax cuts.
It’s stealing from the poor to give to the rich…