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Diablo Canyon.
This 750-acre powerplant on California’s central coast is critical to the AI boom.
A massive expansion could deliver much needed power to AI data centers.
Go here to discover 5 little-known stocks behind this massive breakthrough.
Diablo Canyon currently produces enough electricity for 3 million homes.
One Silicon Valley venture capitalist thinks Diablo Canyon has untapped potential.
This site could triple its energy production – creating vast amounts of energy for Meta Platforms, Amazon, Microsoft and Nvidia.
Brad Gerstner is the founder of Altimeter Capital. The firm manages funds with $10 billion invested in private startups and public tech stocks.
Gerstner says big tech companies could obtain power directly from Diablo Canyon. And then build datacenters next door to the power plant.
This type of deal would be similar to Microsoft’s recent deal with Constellation Energy (NYSE: CEG).
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What IS Diablo Canyon?
Diablo Canyon is a nuclear powerplant that opened in 1985. It currently produces nearly 10% of the state’s electricity.
However, California has been embracing green energy including wind, solar and other renewables. And the plant was scheduled for permanent closure by 2025.
The AI boom forced California to rethink this flawed plan. And the state and federal government recently expend operations by at least 5 years.
The AI Energy Powerhouse
Diablo Canyon currently operates 2 nuclear reactors.
The site was originally planned to have 6 reactors.
California and the Federal government could approve an expansion of Diablo Canyon – tripling its energy production.
The expansion of conventional nuclear is underway.
Plus, a new breakthrough called the Oppenheimer Project could disrupt everything.
That’s why Sam Altman and Jeff Bezos are investing billions in these startups.
Plus, Warren Buffett and Bill Gates just broke ground on a project in Wyoming.
Ian