Meta Locks In 3 Nuclear Deals For Ohio AI Supercluster
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Meta deal to fuel AI expansion lifts nuclear stocks
Meta has cut a 20-year nuclear power deal with Vistra, Oklo, and TerraPower to power its Prometheus AI data center.
Meta is backing Ohio nuclear plants and new reactor projects through long-term deals with Vistra and Oklo as it looks to secure massive amounts of electricity for artificial intelligence.
Companies like Kairos Power are building new types of reactors with the encouragement of the Trump administration, but their success is far from assured.
Trump’s new energy orders favour firm power as US electricity demand grows, yet nuclear build-out remains constrained.
The vision of a U.S. nuclear power renaissance has a blind spot—uranium fuel—in the near term and long, according to a Stanford University-led industry meeting.
Shares of Nano Nuclear Energy (NNE 1.45%) slipped a sharp 26.5% in the month of December, according to data from S&P Global Market Intelligence. A nuclear energy research company
Nuclear power cannot be built fast enough, or affordably enough, to supply data centers with the power they need right now.
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