Meta starts the search for nuclear partners to power energy-hungry AI [Business Insider]
Constellation Energy Corporation (CEG)
Company Research
Source: Business Insider
Meta is not alone in turning to nuclear power, with Microsoft and Google making investments. Meta is looking for nuclear energy developers to power its AI ambitions. On Tuesday, Meta said in a blog post that it's targeting 1 to 4 gigawatts of new nuclear generation capacity to be delivered starting in the early 2030s. The move is the latest push from Big Tech to use nuclear power to meet the rapidly growing energy demands from the AI boom. Meta said it's releasing a request for proposals to identify nuclear energy developers with skills in permitting and community engagement who could help the company meet its AI and sustainability objectives. The company added that it was planning for its data center energy needs while "simultaneously contributing to a reliable grid and advancing our sustainability commitments." "As new innovations bring impactful technological advancements across sectors and support economic growth, we believe that nuclear energy can help provide firm,
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CEG
News
- How the AI boom is reviving Three Mile Island [Financial Times (FT.com) (UK)]Financial Times
- Be a Nuclear Family! D.C. Households May Choose Clean Nuclear Energy with America’s First-Ever Nuclear-Powered Consumer Energy Plan from ConstellationBusiness Wire
- We'll Need To Anticipate AI Using A Lot Of Resources In Tomorrow's World [Forbes]Forbes
- Constellation Announces Changes to Board of DirectorsBusiness Wire
- Lightning Round: AMD is cheap and should be bought here, says Jim Cramer [CNBC]CNBC
CEG
Earnings
- 11/4/24 - Beat
CEG
Sec Filings
- 12/20/24 - Form 3
- 12/20/24 - Form 3
- 12/18/24 - Form 11-K/A
- CEG's page on the SEC website