Overview

• Major technology companies are exploring the acquisition of utility companies to secure energy for AI-driven data centers, though regulatory challenges remain.
• Amazon and Google have announced investments in small modular nuclear reactors, aiming to provide stable, carbon-free energy for their data centers.
• Data centers are expected to significantly increase electricity consumption, potentially doubling their share of U.S. power usage by the decade's end.
• Despite their net-zero pledges, tech companies like Microsoft and Google are facing rising carbon emissions due to expanding data center operations.
• The shift to nuclear energy is seen as a solution to meet growing energy needs without increasing fossil fuel use, but it may lead to higher energy costs for consumers.