:max_bytes(150000):strip_icc()/GettyImages-2178159034-01092fe5385043b6919e44932a8f781a.jpg?w=1920&resize=1920,1267&ssl=1 "Amazon, Google, Meta Among Companies Backing Effort to Triple Nuclear Production | Global News Avenue")
Amazon, Google, Meta Among Companies Backing Effort to Triple Nuclear Production
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Key Points
- Tech giants Meta, Amazon and Google have signed guarantees to support nuclear production by 2050.
- The two companies have joined dozens of countries, banks and companies that have signed commitments in the nuclear industry.
- In recent months, the tech industry has been committed to nuclear power to help its expanded data center and AI efforts drive.
Technology giants including Amazon (Amzn), meta platform (Yuan) and letters (GOOGL) Google has signed a nuclear industry assurance to support triple nuclear power capacity by 2050.
In addition to the energy conference held in Houston this week, tech companies have joined dozens of other financial institutions, states and companies that have signed the promise of the nuclear industry.
The World Nuclear Association said the commitment “recognizes nuclear energy beyond traditional grid power to provide rich, continuous energy to support the successful and cost-competitive operations of energy users.” The organization said that 439 active nuclear reactors currently provide about 9% The energy of the world.
Technology Heavyweight Joining Commitment Follow the trend company Find the nuclear industry Promising power supply In order to expand the footprints of data centers, it can power artificial intelligence products.
There is also this transformation Improved a number of Nuclear companyas an analyst Upgraded stocks As data centers continue to expand, they have the potential to increase revenue. Shares of Constellation Energy Group (Branches), vurn(vst), oku(OK, hey), Nuscale Power (SMR) and ge vernova (GEV) All are listed and traded.
Alphabet, Meta and Amazon stocks also rose on Wednesday.
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