Next-generation nuclear companies Oklo Inc. and TerraPower LLC will need to invest more than $14 billion in new reactors to support Meta Platforms Inc. data centers, according to estimates from BloombergNEF.
A rendition of the Oklo Aurora powerhouse in Pike County, Ohio.
Next-generation nuclear companies Oklo Inc. and TerraPower LLC will need to invest more than $14 billion in new reactors to support Meta Platforms Inc. data centers, according to estimates from BloombergNEF.
A rendition of the Oklo Aurora powerhouse in Pike County, Ohio.
Meta Platforms Inc. is set to become one of the world’s biggest corporate buyers of nuclear power, striking a series of deals as technology companies rush to lock up electricity for the AI boom.
A Meta Platforms data center. Photographer: George Frey/AFP/Getty Images
Oklo Inc. and Vistra Corp. shares rallied, leading peers higher, after Meta Platforms Inc. agreed to a purchase nuclear power from the companies to run artificial-intelligence data centers.
Power inverters outside the battery building at a Vistra Corp. energy storage facility in Moss Landing, California.
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