Meta secured deals with three nuclear companies for over 6 gigawatts of power. The agreements aim to fuel the tech giant's energy-hungry data centers. The move underscores the growing demand for reliable, 24/7 electricity to support AI development.
Oklo and TerraPower, both small modular reactor (SMR) developers, signed deals to construct multiple reactors for Meta. Vistra will supply power from its existing nuclear plants. Meta issued a request for proposals, leading to these agreements.
The deals signal a boost for both established nuclear operators and SMR startups. Existing reactors offer cost-effective baseload power. SMR companies like Oklo and TerraPower aim to lower costs through mass production of smaller reactors. Meta's investment provides a crucial opportunity for SMR technology to prove its scalability and economic viability.
Tech companies increasingly favor nuclear energy due to its reliability. Data centers require massive amounts of continuous power. SMRs represent a potential solution to meet this demand.
The industry will closely watch the progress of these projects. The success of SMR deployment could reshape the future of data center energy. Meta's initiative may spur further investment in nuclear innovation.
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