Meta inked deals with three nuclear companies to power its data centers with over 6 gigawatts of electricity. The agreements, announced today, include partnerships with SMR startups Oklo and TerraPower, and a capacity purchase from Vistra, a major nuclear operator. The move underscores the growing demand for reliable, 24/7 power to fuel AI development.
Oklo and TerraPower will each construct multiple small modular 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 providers and emerging SMR technologies. SMR companies aim to reduce costs through mass production of smaller reactors. Meta's commitment provides a crucial opportunity for SMRs to prove their viability.
Tech companies increasingly favor nuclear energy for its consistent power output. Existing nuclear plants offer cost-effective baseload capacity, but supply is limited. This drives interest in innovative SMR solutions.
The agreements pave the way for a potential shift in nuclear energy economics. The industry will closely watch Oklo and TerraPower as they deploy their SMR technology. Meta's data centers will be among the first to benefit.
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