Tech Giants Drive Nuclear Power Revival Amid AI Energy Demands

As AI technologies surge, companies like Amazon, Google, and Microsoft are investing in nuclear power to meet growing energy needs.

AI's rapid growth is significantly increasing electricity demand, with data centers projected to consume up to 9% of U.S. electricity by 2030.
GE Vernova is expanding its nuclear energy capabilities with small modular reactors (SMRs) to address the rising power needs of AI-driven data centers.
Major tech firms have signed agreements with nuclear energy companies to secure reliable, carbon-free energy for future data center operations.
Nuclear stocks, including Oklo and NuScale, have surged due to increased investments and partnerships with tech giants.
Despite challenges like high costs and regulatory hurdles, nuclear power is seen as a crucial solution for sustainable energy supply in the AI era.