Comment It's a wonderfull arangement (Score 1) 47
I means Google clearly doesn't think it's likely they'll need that level of power in the near future... but they cannot tell their investors that, since that would sound like they are quitting out of the AI race.
So the obvious solution is to make contracts with a company that will, most likely, never provide a service economically. Nobody has ever operated a nuclear power plant without heavy subsidies, and using old equipment that's long out of its desired life-span doesn't make it more economical. On the other side there are now a lot cheaper and simpler alternatives like solar, wind and battery storage. Look at the prices for solar panels, look at the prices for batteries. Nuclear will most likely never be able to come close to the economics of renewables. That ship has sailed in the last decade or so.
So in a few years, when the hype has died down, and we need much less data centers, Google will just be able to quietly back out, since Constellation Energy will most likely, not have delivered on their promise. Everyone is happy then, and the amount of money wasted is minimal.