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 developers Oklo and TerraPower, alongside a capacity purchase from Vistra, a major nuclear operator. This 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 initiated the deals through a request for proposals, seeking stable energy sources.
The agreements signal a boost for both established nuclear operators and SMR startups. Existing reactors offer cost-effective baseload power, while SMR companies aim to lower costs through mass production. Meta's commitment provides SMR startups a crucial opportunity to validate their business model.
Tech companies increasingly favor nuclear energy to support their expanding AI infrastructure. SMR technology promises scalable and potentially cheaper nuclear power. The industry awaits the results of these partnerships.
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