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 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.
There's no AI revolution without an energy revolution, according to leaders in the AI industry.
Mark Zuckerberg’s Meta has called for bids to build up to 4 GW of nuclear power capacity, equivalent to four full-sized nuclear reactors, amid surging energy demands from the technology industry.
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.
US electricity demand will increase massively due to the boom in AI. Meta is now looking for project developers for new nuclear power plants.
As demand for clean electricity to run data centers increases, operators are considering nuclear energy. But the path to power has a few roadblocks.
Facebook parent Meta is seeking developers that can bring nuclear reactors online starting in the early 2030s to support data centers and communities around them. Why it matters: Meta is joining Amazon,
Meta has issued a call for proposals for bringing nuclear reactors online by the early 2030s to support its data centres and the surrounding communities. It is looking for partners who can develop and