SMR - Microsoft is training AI to accelerate regulatory process for nuclear projects

2023-12-12 12:38:26 ET

Microsoft Corp (NASDAQ: MSFT) is reportedly training a large-language model to help accelerate regulatory approvals for nuclear power. Its shares are up marginally on Tuesday.

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 .

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

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.

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