• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Meta latest tech company to embrace nuclear

by December 4, 2024
written by December 4, 2024

Investing.com — Meta Platforms Inc (NASDAQ:META) on Wednesday said it will issue a “request for proposals” to identify nuclear energy developers capable of delivering 1-4 gigawatts of new nuclear generation capacity in the U.S by 2030, to power the energy-intensive operations of its data centers, behind its artificial intelligence (AI) tech ambitions.

The demand for electricity in the U.S. has surged with the expansion of AI and cloud computing driven by the needs of Big Tech.

Microsoft Corporation (NASDAQ:MSFT) has recently said it was planning to the restart of a nuclear reactor at Three Mile Island as part of its energy strategy, also to power its AI servers.

Nuclear energy, which is nearly carbon-free and widely regarded as more reliable than renewable sources like solar and wind, is gaining traction among technology companies striving to meet their climate goals while ensuring uninterrupted power supply.

“We are looking to identify developers that can help accelerate the availability of new nuclear generators and create sufficient scale to achieve material cost reductions by deploying multiple units, both to provide for Meta’s future energy needs and to advance broader industry decarbonization,” Meta added.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
AI to continue boosting US stocks next year, BlackRock says
next post
PSQ Holdings shares dip on stock offering following Trump Jr. board addition

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Elon Musk’s SpaceX acquires xAI

      February 25, 2026
    • The architect of Amazon’s supply chain on running a startup with your spouse

      February 25, 2026
    • Trump administration alleges Nike discriminated against white workers

      February 25, 2026
    • Landmark trial accusing social media companies of addicting children to their platforms begins

      February 25, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (688)
    • Stock (6,426)

    Latest News

    • Elon Musk’s SpaceX acquires xAI
    • The architect of Amazon’s supply chain on running a startup with your spouse

    Popular News

    • Peloton launching resale market for used bikes, treadmills
    • UBS downgrades Nutrien to ‘neutral’ on weak Ag outlook, lowers PT to $51

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy