[Trump Administration Launches $17.5 Billion Nuclear Energy Support Plan] BlockBeats News, June 23, according to Bloomberg, the Trump administration announced it will provide $17.5 billion in low-interest loans to support the construction of 10 new nuclear reactors across the United States. U.S. officials stated that the plan is expected to shorten the development cycle of nuclear power projects by up to 3 years and help meet the growing electricity demand driven by the rapid expansion of AI data centers. According to the current plan, the first batch of newly built reactors could be operational as early as 2035. If the project is fully implemented, this will become one of the largest nuclear power expansion plans in the U.S. in recent years, reflecting the country's accelerated efforts to develop energy infrastructure to support the increasing electricity needs of artificial intelligence, data centers, and advanced manufacturing industries.