Key Facts on Nuclear Energy and AI
Nuclear energy demand is rising as hyperscalers accelerate AI infrastructure development, with Meta announcing a plan to support nuclear suppliers over the next decade. Shares of modular reactor designer Oklo (NYSE: OKLO) surged 264% over the past year, following a recent agreement with Meta to aid in a 1.2 gigawatt buildout in Ohio.
As of January 2023, Meta aims to unlock 6.6 gigawatts of clean energy through partnerships with companies including Oklo and Constellation Energy. This strategic move highlights the importance of reliable energy sources in the AI sector, as conventional methods may not suffice for constant data center operations.
Despite the excitement around Oklo, it remains in the pre-revenue stage, with its infrastructure expected to come online from 2030 to 2034. Investors are advised to approach Oklo with caution due to its speculative nature and significant execution risks.
