X-energy

Big Tech puts financial heft behind next-gen nuclear power as AI demand surges

Big Tech companies are investing heavily in next-generation nuclear power to meet the surging electricity demand from AI data centers. Meta, Amazon, and Google have signed significant deals with nuclear energy developers like Oklo, X-energy, and Kairos Power to fund and secure power from small modular reactors (SMRs). These investments provide crucial funding and revenue certainty for nuclear projects, addressing challenges like financing constraints and first-of-its-kind risks.