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☆ sam-altman-nuclear-startup-oklo-correction
▼ + stars: | 2024-05-10 | by ( ) www.cnbc.com time to read: 1 min

Altman interviewed with CNBC on the relationship between nuclear energy and the growing demand for AI in 2023. An earlier version of this article misstated the year.

Persons: Altman Organizations: CNBC

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. On Friday, advanced nuclear fission company Oklo, for which Sam Altman serves as chairman, started trading on the New York Stock Exchange. Oklo's business model is based on commercializing nuclear fission, the reaction that fuels all nuclear power plants. "I don't see a way for us to get there without nuclear," Altman told CNBC in 2023. It's not Altman's only foray into nuclear energy or other infrastructure that could power large-scale AI growth.

Persons: Sam Altman, Altman, Oklo, Bill Gates, Jeff Bezos, Jacob DeWitte, hasn't, we've, DeWitte, It's, Helion, OpenAI Organizations: Economic, New York Stock Exchange, AltC, U.S . Air Force, Microsoft, Amazon, CNBC, U.S . Nuclear Regulatory Commission, NRC, DeWitte, Nvidia Locations: Davos, Switzerland, Idaho, OpenAI's San Francisco, U.S, Saudi Aramco, Rain

The Major Supreme Court Cases of 2024No Supreme Court term in recent memory has featured so many cases with the potential to transform American society. In 2015, the Supreme Court limited the sweep of the statute at issue in the case, the Sarbanes-Oxley Act of 2002. In 2023, the Supreme Court temporarily blocked efforts to severely curb access to the pill, mifepristone, as an appeal moved forward. A series of Supreme Court decisions say that making race the predominant factor in drawing voting districts violates the Constitution. The difference matters because the Supreme Court has said that only racial gerrymandering may be challenged in federal court under the Constitution.

Persons: Donald J, Trump, Anderson, Sotomayor Jackson Kagan, Roberts Kavanaugh Barrett Gorsuch Alito Thomas, Salmon, “, ”, Mr, Nixon, Richard M, privilege.But, Fitzgerald, Vance, John G, Roberts, Fischer, Ruth Bader Ginsburg, Clarence Thomas, Samuel A, Alito Jr, Alito, ’, Moyle, Wade, Roe, Johnson, Robinson, Moody, Paxton, Robins, Media Murthy, Sullivan, Murthy, Biden, Harrington, Sackler, Alexander, Jan, Raimondo, ” Paul D, Clement, Dodd, Frank, Homer, Cargill Organizations: Harvard, Stanford, University of Texas, Trump, Liberal, Sotomayor Jackson Kagan Conservative, Colorado, Former, Trump v . United, United, Sarbanes, Oxley, U.S, Capitol, Drug Administration, Alliance, Hippocratic, Jackson, Health, Supreme, Labor, New York, Homeless, Miami Herald, Media, Biden, National Rifle Association, Rifle Association of America, New York State, Purdue Pharma, . South Carolina State Conference of, Federal, Loper Bright Enterprises, . Department of Commerce, Chevron, Natural Resources Defense, ”, SCOTUSPoll, Consumer Financial, Community Financial Services Association of America, Securities, Exchange Commission, Exchange, Occupational Safety, Commission, Lucia v . Securities, Federal Trade Commission, Internal Revenue Service, Environmental Protection Agency, Social Security Administration, National Labor Relations Board, Air Pollution Ohio, Environmental, Guns Garland, Alcohol, Tobacco, Firearms, Explosives, National Firearms, Gun Control Locations: Colorado, Trump v . United States, United States, Nixon, Florida, Gulf of Mexico, Dobbs v, Idaho, Roe, Texas, States, New, New York, Grants, Oregon, . California, Martin v, Boise, Boise , Idaho, Missouri, Parkland, Fla, Murthy v . Missouri, . Missouri, ., South Carolina, Alabama, SCOTUSPoll, Lucia v, Western

CNN —The world has passed a clean energy milestone, as a boom in wind and solar meant a record-breaking 30% of the world’s electricity was produced by renewables last year, new data shows. The planet is reaching “a crucial turning point” toward clean energy, according to the Global Electricity Review published Wednesday by climate think tank Ember. Record-breaking renewablesIn 2000, renewables made up less than 19% of the global energy mix. It made up nearly twice as much new electricity generation as coal last year. Electricity demand is set to soar from 2024 onward, Ember’s analysis found.

Persons: It’s, Dave Jones, Ember, ” Jones, “ We’re, Jones, “, ”, Niklas Höhne, Nancy Haegel Organizations: CNN, Global, NewClimate Institute, European Union, EU, National Renewable Energy Laboratory Locations: China, India, Chile, Australia, Netherlands, California, United States

☆ 'We have real, structural problems': Brace for geopolitical drama and another chaotic election season by hedging with commodities and buying a tiny stock with 500% upside, says a hedge fund manager up
▼ + stars: | 2024-05-07 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewThe performance of hedge fund manager Harris Kupperman's Praetorian Capital Fund is proof that being pessimistic can pay off — even when the economy grows and stocks rise. Since launching at the start of 2019, Kupperman's fund is up an astounding 891.1% net of fees through March 31. AdvertisementBesides budget headaches, the hedge fund manager is wary of escalating political tensions at home and abroad. How to build a crisis-resistant portfolioThe hedge fund manager's blueprint for game plan scoring gains in a shaky backdrop with persistent inflation centers around commodities. A-Mark has consistently generated mid-single-digit earnings per share in recent years, though the hedge fund manager said that could easily rise to $10 as interest in precious metals rises.

Persons: —, Harris Kupperman's, , Kupperman, Washington, He's, there's, Precious Metals, Mark Organizations: Service, Capital Fund, Business Locations: cryptocurrencies, East, Ukraine, China

☆ Meet nuclear power's newest fans: data centers
▼ + stars: | 2024-05-06 | by ( Daniel Geiger | Ellen Thomas | ) www.businessinsider.com time to read: +11 min

The deal illustrates data centers' new-found interest in nuclear power. Joe Dominguez, the CEO of Constellation, the nation's largest operator of nuclear plants, said in a March earnings call that powering data centers with nuclear energy was "kind of a perfect marriage." AdvertisementVistra, another nuclear owner, also indicated it was arranging data center deals for a nuclear plant it owns in Ohio and one in Texas. Greg Poulos, the executive director of a PJM watchdog group, said that "one of my highest priority, highest radar items" is how data centers could push costs onto consumers and also whether nuclear data centers deals could reduce grid reliability. Beyond the nuclear optionNot all data centers, of course, are seeking out nuclear power to seize their energy independence.

Persons: —, Wes Swenson, Swenson, Joe Dominguez, Jim Burke, Ralph La Rossa, La Rossa, Steve Helber, Burke, Dominguez, PJM, Michael Jacobs, Brian Janous, Greg Poulos, Poulos, Biden Organizations: Service, Susquehanna, Amazon, Business, US Energy Information Administration, Nuclear, Constellation, Public Service Enterprise Group, Microsoft, International Energy Agency, Dominion Energy, Talen Energy, Energy, Union of Concerned Locations: Pennsylvania, Salt Lake City, Ohio, Texas, New Jersey, Our, Jersey, Virginia, Chester , Va, Susquehanna, Chicago, New York City

☆ Opinion | Nuclear Power as a Clean Energy Tool?
▼ + stars: | 2024-05-03 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Reviving Nuclear Energy Is a Fantasy,” by Stephanie Cooke (Opinion guest essay, April 24):Meeting the climate crisis and achieving net zero by 2050 without nuclear energy is a fantasy. The reality is that the United States must deploy every tool at its disposal to reach our clean energy goals. Nuclear power has delivered clean energy for over half a century. It also provides nearly half of the United States’ clean energy today. Climate Change Conference and the International Atomic Energy Agency Summit show that world leaders recognize we’ve only begun to see nuclear power’s potential to complement renewable energy sources in the race to net zero.

Persons: Stephanie Cooke, we’ve Organizations: Nuclear, United, International Atomic Energy Agency Locations: United States

☆ A new Saudi-US deal to reshape the Middle East is taking shape — but Israel can't join while it's still at war
▼ + stars: | 2024-05-02 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

A new Saudi-US security deal is being negotiated, reports said. It resembles the deal that was forming before it was derailed on October 7 by the Hamas terror attacks. A deal dubbed "plan B" Israel is, for now, excluded because of its war on Gaza. AdvertisementThe US and Saudi Arabia are said to be drawing closer to a historic deal that could reshape the Middle East — by sidestepping the vexed issue of Israel's war in Gaza. This story is available exclusively to Business Insider subscribers.

Persons: —, sidestepping Organizations: Service, Bloomberg, Business Locations: Saudi, Israel, Gaza, Saudi Arabia, Iran

☆ Opinion | Israel and Saudi Arabia Are Trading Places
▼ + stars: | 2024-05-02 | by ( Thomas L. Friedman | ) www.nytimes.com time to read: +3 min

But the other part of the deal, which is seen as critical to winning support in Congress, is for Saudi Arabia to normalize relations with Israel. There are a lot of “ifs” and “provided thats” in this equation that seem most unlikely today. As a result, the U.S. and the Saudis are considering finalizing the deal and taking it to Congress with the stated proviso that Saudi Arabia will normalize relations with Israel the minute Israel has a government ready to meet the Saudi-U.S. terms. Hopefully, though, if there can be a permanent end of fighting and a return of all Israelis taken hostage, Israel will hold new elections. And then — maybe, just maybe — the choice on the table for Israelis will not be Bibi or no Bibi, but Bibi or a credible pathway to peace with Saudi Arabia and the Palestinians.

Persons: Biden, Israel, “, Netanyahu, Bibi Organizations: U.S, West Bank, Palestinian, Saudi, New York, Facebook Locations: U.S, Saudi Arabia, Japan, Taiwan, Israel, Gaza

☆ Nuclear energy is not for everyone but many countries are 'seriously committed,' industry body says
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNuclear energy is not for everyone but many countries are 'seriously committed,' industry body saysSama Bilbao y León, director general of World Nuclear Association, discusses the nuclear energy industry, its safety record and the countries leading the way.

Organizations: León, World Nuclear Association

☆ Opinion | The Fantasy of Reviving Nuclear Energy
▼ + stars: | 2024-04-18 | by ( Stephanie Cooke | ) www.nytimes.com time to read: +2 min

Thirty-four nations, including the United States and China, agreed “to work to fully unlock the potential of nuclear energy,” including extending the lifetime of existing reactors, building new nuclear power plants and deploying advanced reactors. “Nuclear technology can play an important role in the clean energy transition,” Ursula von der Leyen, the president of the European Commission, told summit attendees. Solar and wind power together began outperforming nuclear power globally in 2021, and that trend continues as nuclear staggers along. At the same time, investment in energy storage technology is rapidly accelerating. In 2023, BloombergNEF reported that investors for the first time put more money into stationary energy storage than they did into nuclear.

Persons: “, Ursula von der Leyen, BloombergNEF Organizations: International Atomic Energy Agency, “, European Commission Locations: Brussels, Belgian, United States, China

☆ UK Nobel Prize-winning physicist Peter Higgs dies aged 94
▼ + stars: | 2024-04-09 | by ( Story Reuters | ) edition.cnn.com time to read: +5 min

London —Physicist Peter Higgs, whose theory of an undetected particle in the universe changed science and was vindicated by a Nobel prize-winning discovery half a century later, has died aged 94, the University of Edinburgh said on Tuesday. Higgs described himself as “incompetent” in the physics laboratory at school and at first preferred maths and chemistry. What came to be known as the Higgs boson would solve the riddle of where several fundamental particles get their mass from: by interacting with the invisible “Higgs field” that pervades space. That interaction, known as the “Brout-Englert-Higgs” mechanism, won Higgs and Belgium’s Francois Englert the Nobel prize in physics in 2013. CERN’s massive Large Hadron Collider finally proved to be the sledgehammer needed to crack the nut, and in 2012 two experiments there independently found the Higgs boson.

Persons: Peter Higgs, Higgs, “ Peter Higgs, ”, Sir Peter Mathieson, Paul Dirac, Belgium’s Francois Englert, Robert Brout, “, Rolf Heuer, welling, theoreticians, Jody Williamson, ’ ”, Robert Evans, Tom Miles, Farouq Suleiman, Pravin Char, Mark Heinrich Organizations: London, University of Edinburgh, CERN, Reuters, “, Edinburgh University, Fermilab, Collider, chuckling Locations: Geneva, Chicago, American, Edinburgh

☆ AI data centers are going to need a lot of power. These utility stocks could benefit, Evercore ISI says
▼ + stars: | 2024-04-04 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Artificial intelligence data centers will require plenty of electricity – and that could bode well for a select group of utility stocks, Evercore ISI said. He expects the power load from data center and/or AI to be met 50% with gas, 25% with solar and 25% with wind. Baltimore-based Constellation Energy was highlighted by Evercore, which rates the stock as outperform. CEG YTD mountain Constellation energy stock has climbed nearly 63% in 2024. VST YTD mountain Vistra stock has climbed more than 90% in 2024.

Persons: bode, Durgesh Chopra, Chopra, Vistra, Evercore Organizations: McKinsey & Co, Constellation Energy, Public Service Enterprise Group, AES Corp Locations: Baltimore, U.S

☆ Buy this nuclear energy play with more than 25% upside, Goldman says
▼ + stars: | 2024-04-01 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Investors should load up on Cameco shares to take advantage of growing uranium demand, according to Goldman Sachs. The bank initiated coverage of the Canada-based uranium producer, one of the largest in the world, with a buy rating and a $55 per share price target. The analyst said U.S. spot uranium prices could average $95 per pound over the next seven years, which is roughly 170% higher than the historical average from 2013 to 2023. Mehta's price forecast for uranium is "supported by a combination of meaningful supply deficit and a mis-calibration of enrichment requirement assumptions that is potentially understating demand." U.S.-listed shares of Cameco were up more than 4% on the day.

Persons: Goldman Sachs, Neil Mehta, Mehta Organizations: U.S Locations: Canada, France, Cameco

☆ Microsoft and OpenAI plan to build a $100 billion supercomputer to power artificial intelligence: report
▼ + stars: | 2024-03-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Microsoft and OpenAI are working on a $100 billion supercomputer, according to The Information. Executives at both companies have already drawn up plans for the data center project, which would power OpenAI's artificial intelligence, according to the outlet. Related storiesMicrosoft, which has already committed more than $13 billion to OpenAI, would likely provide funding for Stargate, per the report. OpenAI currently uses Microsoft data centers to power its generative AI system ChatGPT in exchange for Microsoft having exclusive rights to resell OpenAI's technology to its own customers. AdvertisementThe supercomputer could be 100 times more expensive than the largest data centers currently in operation, per the report.

Persons: —, OpenAI, Altman, It's Organizations: Microsoft, Service, Business

☆ U.S. Approves $1.5 Billion Loan to Restart Michigan Nuclear Plant
▼ + stars: | 2024-03-27 | by ( Ivan Penn | ) www.nytimes.com time to read: +1 min

The Biden administration announced on Wednesday that it had agreed to provide a $1.52 billion loan guarantee to help a company restart a nuclear power plant in Michigan — the latest step in the government’s effort to revive the nation’s reactors. The loan guarantee is conditional on the facility receiving regulatory approvals and fulfilling other requirements. But many of the country’s nuclear reactors, including the Palisades plant, are at or near the end of their lives and need major upgrades. And few U.S. companies have built new nuclear plants in recent decades because doing so is incredibly expensive and time consuming. Holtec bought the Palisades plant in 2022 in order to close the facility but later campaigned to reopen the plant with the backing of the Michigan governor, Gretchen Whitmer, a Democrat.

Persons: Holtec, Gretchen Whitmer Organizations: Biden, Energy Department, Holtec, Michigan, Democrat Locations: Michigan, Covert Township, Mich, Lake Michigan, Kalamazoo

☆ ChatGPT’s boss claims nuclear fusion is the answer to AI’s soaring energy needs. Experts say not so fast
▼ + stars: | 2024-03-26 | by ( Laura Paddison | ) edition.cnn.com time to read: +8 min

Yet according to Sam Altman, head of ChatGPT creator OpenAI, there is a clear solution to this tricky dilemma: nuclear fusion. Nuclear fusion — the process that powers the sun and other stars — is likely still decades away from being mastered and commercialized on Earth. A section of JT-60SA, a huge experimental nuclear fusion reactor at Naka Fusion Institute in Naka city of Ibaraki Prefecture, Japan, on January 22, 2024. The sector was responsible for around 2% of global electricity demand in 2022, according to the IEA. But, he cautioned, this doesn’t necessarily mean AI’s electricity demand will fall.

Persons: Sam Altman, OpenAI, Altman, “, Lex Fridman, ” Altman, —, Alex de Vries, ”, Aneeqa Khan, ” Khan, Philip Fong, Vries, ” de Vries, Michael Khoo, “ We’re, Khoo, Yiannis Kourtoglou, Sen, Ed Markey, ” Markey, ” Khoo Organizations: CNN, Vrije Universiteit Amsterdam, University of Manchester, “, JT, Naka Fusion, Getty, International Energy Agency, Boston Consulting, Reuters, Microsoft, OpenAI, Boston Consulting Group, Google, Princeton, ” Locations: “, Naka, Ibaraki Prefecture, Japan, AFP, Pascal, Nicosia, Cyprus

☆ A Bill Gates company is about to start building a nuclear power plant in Wyoming
▼ + stars: | 2024-03-19 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

TerraPower, which Bill Gates founded, plans to build its first nuclear power plant in the US. CEO Chris Levesque told the Financial Times it wants to start work on a site in Wyoming in June. AdvertisementA company cofounded by Bill Gates is about to start building next-generation nuclear power plants in the US. AdvertisementMost of the initial work at the Kemmerer site won't be related to nuclear activity, Levesque said. AdvertisementIn October last year TerraPower missed out on making the shortlisted for the next round of the UK government's competition for small nuclear plants.

Persons: Bill Gates, Chris Levesque, TerraPower, —, hasn't, Levesque, Gates Organizations: Financial, Service, Financial Times, Department of Energy, CRV, Khosla Ventures, Reuters, Royce Locations: Wyoming, Kemmerer , Wyoming, Ukraine, Britain

Those more concerned with the climate crisis are asking a bigger question: what does this all mean for the planet? Gas-powered cars, hybrids and EVs all emit roughly the same amount of pollution to manufacture, until you get to producing the battery. Fully electric cars use large batteries made of materials that require heavy mining. And that would still mean less climate pollution on the road overall. And fully electric cars won’t be truly “green” until the energy that charges them comes from renewable sources, like wind and solar.

Persons: Akio Toyoda, EVs, Joe Biden’s, Toyota’s, Daniel Sperling, —, ”, Sam Abuelsamid, Abuelsamid, InfluenceMap, Biden, Kelley, Albert Gore, Gore, I’m, “, ” Monica Nagashima, Lia, Kena, Stephen Ciccone, ” Ciccone, BEV, ” UC’s Sperling Organizations: CNN, Toyota, Auto, US, Toyota Prius Prime, Toyota Toyota, Institute of Transportation Studies, University of California, Ford, EPA, Gas, American Council for, Prius, EV, InfluenceMap, United, Lexus, Cox Automotive, Zero Emission Transportation Association, Getty, Toyota Motor North America, ” Toyota Locations: California, West Virginia, Canada, Australia, United States, EVs, InfluenceMap’s, Japan, Rockland, Blauvelt , New York

Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. While generative AI has grown at lightning speed, nuclear power projects are heavily regulated and usually advance at a plodding pace. That's raising questions about whether advances in nuclear energy can cut emissions as swiftly as energy-guzzling AI and other fast-growing technologies are adding to them. The nuclear power industry hasn't meaningfully expanded its share of the U.S. energy mix for decades. By one estimate, up to 800 gigawatts of new nuclear power will be needed by 2050 to meet current green energy targets.

Persons: Sarah Myers West, Myers, Sam Altman, OpenAI, Altman, Jacob DeWitte, Oklo, hadn't, You've, DeWitte, Oklo's Organizations: Silicon, CNBC, Helion Energy, Microsoft, federal Nuclear Regulatory Commission, Air Force, NRC, Idaho National Laboratory, Energy Department, Pew Research Locations: Idaho, Ohio, United States, Alaska, U.S, Ukraine, Fukushima, Japan

☆ Support for Nuclear Energy Grows in Congress
▼ + stars: | 2024-03-01 | by ( Brad Plumer | ) www.nytimes.com time to read: +1 min

The House this week overwhelmingly passed legislation meant to speed up the development of a new generation of nuclear power plants, the latest sign that a once-contentious source of energy is now attracting broad political support in Washington. It received backing from Democrats who support nuclear power because it does not emit greenhouse gases and can generate electricity 24 hours a day to supplement solar and wind power. It also received support from Republicans who have downplayed the risks of climate change but who say that nuclear power could bolster the nation’s economy and energy security. “It’s been fascinating to see how bipartisan advanced nuclear power has become,” said Joshua Freed, who leads the climate and energy program at Third Way, a center-left think tank. “This is not an issue where there’s some big partisan or ideological divide.”The bill would direct the Nuclear Regulatory Commission, which oversees the nation’s nuclear power plants, to streamline its processes for approving new reactor designs.

Persons: “, ”, Joshua Freed Organizations: Atomic Energy Advancement, Nuclear Regulatory Commission Locations: Washington

☆ It's time to buy the dip in nuclear and uranium ETFs, Bank of America says
▼ + stars: | 2024-02-28 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Uranium stocks have cooled off in recent weeks, making this a good time for investors to jump in, according to Bank of America. Many of the biggest uranium stocks like Cameco Corp. are down about 14% in February. Since 2021 clean energy ETFs with heavy exposure to wind and solar power have suffered a sharp bear market ( > 30% losses and $2.4bn outflows), but over the same period investors added $2bn into uranium & nuclear power ETFs," Woodard said. An example of a uranium fund that is seeing such a blip is the Global X Uranium ETF (URA) , which is Woodard's top pick in this space. Another uranium fund that Bank of America is bullish on is VanEck Uranium and Nuclear Energy ETF (NLR) .

Persons: Jared Woodard, Woodard, URA, Canaccord, George Gianarikas, they've, Gianarikas, — CNBC's Michael Bloom Organizations: Bank of America, Cameco Corp, Uranium, Nuclear Energy, Public Service Enterprise Group, Uranium Trust Locations: NLR, Canada

☆ Space nukes are raising tensions between Moscow and Washington. Here’s what you need to know
▼ + stars: | 2024-02-22 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +8 min

Kari Bingen director of the aerospace security project and senior fellow in the international security program at the Centre for Strategic International Studies. Space-based anti-satellite nuclear weapons — or so-called space nukes — are a type of weapon designed to damage or destroy satellite systems. "It's an indiscriminate weapon," Bingen said. The deployment of a space-based nuclear weapon would mark a major advancement of Russia's military capabilities and a serious escalation of geopolitical tensions. Kari Bingen director of the aerospace security project and senior fellow in the international security program at the Centre for Strategic International Studies.

Persons: Vladimir Putin, Alexander Ryumin, Mike Turner, Joe Biden, It's, Kari Bingen, Bingen, Juan Barreto, Putin, CNBC's Silvia Amaro Organizations: Sputnik, Chelyabinsk, Afp, Getty, U.S, White, CNBC, . House Intelligence, Bloomberg, Centre, Strategic International Studies, Analysts, Strategic International, United Nations Office, Outer Space Affairs, Elon Musk, Reuters, U.S ., Space Foundation, The, NATO, General, Saturday, Munich Security Conference Locations: Russian, Chelyabinsk Region, Chelyabinsk, Washington, Moscow, Russia, Ukraine, China, Bogota, U.S, The U.S

☆ The White House says it's tracking a new Russian space weapon that violates a nuclear arms treaty
▼ + stars: | 2024-02-16 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The White House has confirmed that Russia is building a new weapon to be put in space. The weapon is thought to be nuclear-related, with the White House saying it would violate the Outer Space Treaty. AdvertisementThe White House confirmed on Thursday that it is monitoring Russia's development of a new weapon to be stationed in space. But the spokesperson also said the weapon would violate the Outer Space Treaty of 1967, of which Russia is still a participant. The treaty specifically bans the stationing of weapons of mass destruction in space, including nuclear arms.

Persons: it's, —, It's, John Kirby, Kirby, we've, hasn't, Mike Turner, Hakeem Jeffries, Jake Sullivan, MANDEL NGAN, Jim Himes Organizations: Service, White House, The New York Times, CNN, Center for Strategic, International Studies, US, Intelligence, GOP House, intel, National Security, Getty, Democratic, House Intelligence Locations: Russia, Ukraine, Hill, Washington ,, AFP, Jim Himes of Connecticut

☆ Analysis-Russia Seen as Highly Unlikely to Put a Nuclear Warhead in Space
▼ + stars: | 2024-02-15 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +4 min

The Latest Photos From Ukraine View All 91 ImagesAnalysts tracking Russia's space programs say the space threat is probably not a nuclear warhead but rather a high-powered device requiring nuclear energy to carry out an array of attacks against satellites. The Kremlin on Thursday dismissed a warning by the United States about Moscow's new nuclear capabilities in space, calling it a "malicious fabrication". Exploding a nuclear weapon in space would be another matter entirely. "If they do (detonate a nuclear device in space), they’d lose everything. James Acton, a nuclear expert at the Carnegie Endowment for International Peace think tank, said for Russia to put a nuclear weapon in orbit would be a "blatant violation of the Outer Space Treaty."

Persons: Joey Roulette, Arshad Mohammed WASHINGTON, Mike Turner, Antony Blinken, Daryl Kimball, Brian Weeden, Weeden, James Acton, Acton, Arshad Mohammed, Don Durfee, Jonathan Oatis Organizations: U.S . House, Reuters, Washington, U.S, Arms Control Association, U.S . Defense Intelligence Agency, Secure, Foundation, Carnegie Endowment, International Peace Locations: Russia, Russian, United States, U.S, China, India, Ukraine, Washington, Saint Paul , Minnesota

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