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home / articles / TECH - Tech Giants Eye Nuclear Power To Fuel AI Boom Raising Concerns Over Stability And Environmental Impact: Report | Benzinga


TECH - Tech Giants Eye Nuclear Power To Fuel AI Boom Raising Concerns Over Stability And Environmental Impact: Report | Benzinga

Big tech companies are considering a significant shift in their energy sources to fuel the AI boom, with a potential move towards nuclear power. This move, while beneficial for the companies, has raised concerns about its impact on the grid and the environment.

What Happened: Tech giants such as Amazon.com Inc. (NASDAQ:AMZN) are in discussions with the owners of about a third of the U.S. nuclear power plants to directly source electricity for new data centers. This move is driven by the increasing demand for electricity due to the artificial intelligence boom, reported The Wall Street Journal, citing people familiar with the matter.

Amazon Web Services is reportedly close to securing a deal with Constellation Energy (NASDAQ:CEG), the largest U.S. nuclear power plant owner. This follows Amazon’s acquisition of a nuclear-powered data center in Pennsylvania for $650 million in March.

While this move could accelerate ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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