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.

The convergence of AI and nuclear energy brings unique risks, especially when AI moves from a passive tool to an autonomous participant.

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 demand for electricity in the USA will increase massively due to artificial intelligence. Meta is looking for project developers for nuclear power plants.

The company said it is looking for developers that can help accelerate the availability of new nuclear generators and create "sufficient scale" to achieve material cost reductions.

As demand for clean electricity to run data centers increases, operators are considering nuclear energy. But the path to power has a few roadblocks.

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.

As we look ahead to our next decade of innovation and growth, we are planning for our data center energy needs while simultaneously contributing to a reliable grid,' says tech giant - Anadolu Ajansı

We recently published a list of 10 Stocks That Will Benefit From AI. In this article, we are going to take a look at where Vistra Corp. (NYSE:VST) stands against other stocks that will benefit from AI.

Meta announced yesterday a request for proposals from nuclear power developers who would help the company add 1 to 4 gigawatts of electricity generating capacity in the U.S. It’s willing to share costs early in the cycle, according to Axios, and it’ll commit to buying power once the reactors are up and running.

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.