Microsoft goes nuclear

Sponsored by Lithium Chile

Microsoft goes nuclear

Microsoft (NASDAQ: MSFT), the tech giant headquartered in Seattle, is taking bold strides towards supplying power-hungry data warehouses and AI processing centers with carbon-free energy through Small Modular Reactors (SMRs).

In pursuit of this vision, Microsoft is actively recruiting a ‘Principal Program Manager, Nuclear Technology,’ tasked with the crucial mission of advancing and implementing a comprehensive global strategy for small modular reactors and microreactor energy solutions.

This role demands an individual with a profound background in the energy industry, coupled with a deep expertise in nuclear technologies and regulatory affairs. Additionally, this position will oversee research efforts and the development of other precommercial energy technologies.

You can read more on the matter here.

Lithium Chile is an exploration and lithium resource company with a property portfolio consisting of 111,978 hectares in Chile and 20,800 hectares in Argentina. The company’s flagship asset, Salar de Arizaro, was just revealed via a PEA to have an after-tax NPV(8%) of US$1.1 billion. The project boasts an IRR of 24.1%, and a payback period of just 3.6 years based on annual production of 25,000 tonnes of LCE.

What’s going on?

  • Canada’s Grocery Costs and The Trudeau Tax “Solution” (theDeepDive)

  • Trudeau, Zelenskyy, Canadian Parliament Cheered For A “Hero” Who Fought For The Nazis (theDeepDive)

  • OpenAI Gives ChatGPT the Ability to Speak in Five Different Voices (Bloomberg)

  • European Natural Gas Prices Jump 10% This Week, Reaching One-Month High (theDeepDive)

  • SEC collects Wall Street's private messages as WhatsApp probe escalates (Reuters)

  • Could Apple Buy ESPN From Disney? (theDeepDive)

  • Hackers Steal $200M from Hong Kong-Based Mixin (theDeepDive)

  • Striking Hollywood writers reach tentative deal with studios (Reuters)

  • Curaleaf’s Alabama Cannabis License Application May Have Used A Dead Applicant (theDeepDive)

  • Ford's PCs rolled back rent control to spur new rental construction. Did it work? (CBC)

What’s the latest?

  • Canada’s Blunder: Canadian House of Commons Speaker Anthony Rota is set to address Parliament after he faced criticism for inviting a Ukrainian war veteran, Yaroslav Hunka, to a speech by Ukrainian President Zelenskyy. It was later revealed that Hunka had fought in the 1st Galician division, a branch of Nazi Germany's Waffen-SS, during World War II.

  • Unifor Ratifies With Ford: The union representing Ford Motor Co. of Canada's workers has ratified a three-year contract. The deal includes a general wage increase of 15 percent over three years, with a 10 percent increase in the first year, 2 percent in the second year, and 3 percent in the final year. Additionally, skilled trade workers will see their base rate for hourly wages increase by 25 percent.

  • SEC vs Messaging Apps: The SEC has escalated its probe into Wall Street's use of private messaging apps by collecting thousands of staff messages from over a dozen major investment companies. The SEC had initially asked these companies to internally review messages in its investigation of Wall Street's use of WhatsApp, Signal, and other unapproved messaging apps to discuss work. Now, it has expanded the investigation to review thousands of staff messages, including those on personal devices or applications discussing business during the first half of 2021.

  • WGA Reaches Tentative Deal: Hollywood screenwriters have reached a tentative agreement with major studios including Disney and Netflix, potentially ending their strike that began on May 2. This strike, the first since 2007, sought higher pay from streaming services. Details of the agreement, including higher wages and concessions on key points, will be announced in the coming days.

  • Post Secondary Concerns: Canadian educational institutions are concerned about the potential impact on Indian student enrollments due to deteriorating relations between Canada and India. With Indian students constituting 40% of international enrollments in Canada, any disruption could have financial and operational consequences for these institutions.

The Murder Accusation: Canada vs India

The stock market and stuff

  • BBBY: Bed Bath & Beyond Continues To Trade Despite Zero Recovery For Shareholders Under Bankruptcy Plan (theDeepDive)

  • Robinhood Sees Operating Metrics Continue To Deteriorate (theDeepDive)

  • Newsflash: NFTs Are, Well, Worthless (theDeepDive)

In the juniors

  • Terra Balcanica Completes 2,000 Metre Drill Program At Viogor-Zanik (theDeepDive)

  • Patriot Extends CV5 Pegmatite To 4.35 Kilometres Of Strike (theDeepDive)

  • Lithium Chile Evaluating Multiple Expressions of Interest For South American Assets (theDeepDive)

FULL DISCLOSURE: Lithium Chile is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Lithium Chile. The author has been compensated to cover Lithium Chile on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.