The next-gen tech is expected to cut down on the cost of reactor development as big companies seek carbon-free power for AI.

Alphabet's Google said on Monday it signed the world's first corporate agreement to buy power from multiple small modular reactors as the technology company looks to meet electricity demand from artificial intelligence.

Google has signed a deal with Kairos Power to build a fleet of small modular nuclear reactors to power its data centers, the tech giant announced Monday. The small modular reactors, a type of next-generation nuclear reactor that has yet to be built in the U.