Google commits to buying power generated by nuclear-energy startup Kairos Power

It’s not real funding, it’s a power purchase agreement from something that may never be built! No different from Microsoft’s previous fusion power purchase agreement. The Goog may as well announce they’ve reserved office space in a building to be built on Proxima Centauri B.

Just tech virtue signalling: Google/Microsoft trade the impression that they’re relevant leaders for some legitimacy for a blue sky startup.

> it’s a power purchase agreement from something that may never be built! No different from Microsoft’s previous fusion power purchase agreement

A frequent complaint from utilities has been AI companies refusing to sign PPAs. They want the option of picking up and leaving if someone else offers a better deal down the road, leaving the utility stuck with overbuilt infrastructure costs.

> virtue signalling

This term has lost whatever meaning it ever had if we're using it to refer to binding contracts.

This isn’t a binding contract like Elon Musk agreeing to buy Twitter. Google may be bound in some way to buy power from a future unbuilt powerplant that doesn’t yet exist in prototype form. If Kairos fizzles, more likely than not, can Google seek damages? Will Microsoft seek damages from their binding contract when Helios isn’t grinding out fusion gigawatts in 2028 as promised?