Nuclear-power enthusiasts are more optimistic about the future of the technology. They think power demand will continue to increase, thanks in part to AI. And once online, new nuclear reactors will be used to displace older fossil-fuel plants, including those built to address nearer-term electricity needs.
The convergence of AI and nuclear energy brings unique risks, especially when AI moves from a passive tool to an autonomous participant.
Meta believes it will need one to four gigawatts of nuclear power, in additional to the energy it already consumes, to fuel its AI ambitions. As such, it will put out a request for proposals (RFP) to find developers capable of supplying that level of electricity in the United States by early 2030.
As of the close of trading on Nov. 29, shares of Constellation Energy had returned 119% in 2024, making it one of the best-performing stocks in the S&P 500. Of note, Constellation's nuclear energy peer, Vistra, was up 315% year to date, making it the top-performing stock in the S&P 500.
There's no AI revolution without an energy revolution, according to leaders in the AI industry.
Meta announces it is searching for nuclear energy developers to work with to power its AI and sustainability visions.
The demand for electricity in the USA will increase massively due to artificial intelligence. Meta is looking for project developers for nuclear power plants.
The first new reactor at a British nuclear power station in more than 30 years has been lifted into place at Hinkley Point C in Somerset.
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.
Surging demand for AI has sparked a race to secure supplies of nuclear power. WSJ’s Peter Landers traveled to the Fukushima exclusion zone in Japan to explore the challenges of atomic energy's comeback.
Meta Platforms Inc announced plans to seek nuclear energy proposals to power AI innovation and sustainability goals.