Firm power beside data centres needs no outside fund: hyperscalers' 2026 capex is about $725B and Microsoft has bought a whole reactor's output, so compute's own buyers fund this node, and what still slows it is permits, not money.

Evidence 2 passages

• groundsAbundance, Ezra Klein, Derek Thompson

  In September, Microsoft made a deal to buy the entire electricity output of the last reactor of the Three Mile Island Nuclear Plant

• groundsSource document

  Hyperscaler 2026 capex | ~ <b>\$725B combined</b>

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