As part of a series of presentations this month, I heard from Bob Mumgaard, CEO and Co-founder at Commonwealth Fusion Systems, who talked about the ongoing race for new sources of clean power that could change the world, and how AI is helpful in doing groundbreaking research.
Nuclear reactors take a long time to build and Big Tech will use gas power to bridge the gap and meet its energy demands.
As AI systems become increasingly integral to everything from automotive technology to consumer applications, the requirement for reliable and sustainable power sources has surged. This burgeoning demand places nuclear power squarely back in the spotlight ...
Energy storage company Energy Vault and nuclear power start-up NuCube Energy disclosed a partnership on Wednesday.
Oklo (OKLO 7.51%), and Nano Nuclear Energy (NNE 5.55%) all rose today after a report from the International Energy Agency (IEA) was released. Cameco,
The demand for electricity to power AI data centers is skyrocketing, placing immense pressure on traditional energy sources.
Shares of NuScale Power ( SMR 13.81%) are flying today. The stock is up 12.7% as of 1:45 p.m. ET., but gained as much as 14.5% earlier in the day. The upward movement comes as the S&P 500 and the Nasdaq Composite were up 1% and 4%, respectively.
The five-day meeting at Davos beginning Monday will explore how to re-launch growth, harness new technologies and strengthen social and economic resilience, according to the World Economic Forum.
One of the factors driving the rising appetite for nuclear power is the stunning growth of AI, which relies on data centers requiring a huge amount of energy. Last year brought new interest from tech giants looking to nuclear as a potential solution to the AI power crunch.
Innovative technologies converge to address global energy needs, highlighting the potential of clean power solutions.
The UK is planning special districts for constructing data centers and will explore dedicating nuclear energy to the sites as part of a Labour government project to boost technology growth and the ecosystem for artificial intelligence.
More than a nuclear power station’s worth of electricity will be needed to meet surging demand for artificial intelligence (AI), experts have warned, as Sir Keir Starmer unveils plans for a data centre blitz.