Why was the former uranium plant chosen?

The 3,700-acre Piketon site has existing heavy industrial infrastructure, and the DOE is actively repurposing it. AEP Ohio will invest $4.2B in grid upgrades. The choice reflects a strategy to convert Cold War-era assets into AI competitiveness.

How significant is the 10GW power demand?

10GW equals approximately 9 nuclear reactors, enough to power ~7.5 million homes. SB Energy will deploy distributed gas turbines generating 9.2GW with 800MW reserve capacity.

Where does the $500B funding come from?

Funding comes from SoftBank Group and external financing through a 21-company US-Japan consortium including Toshiba, Hitachi, Mizuho Bank, and Goldman Sachs, as part of a $550B bilateral strategic investment framework.

— AI DAILY

Sources

AP News
Tom's Hardware
Japan Times