Meta Platforms has struck a deal with three nuclear power companies – Oklo, Vistra Systems, and TerraPower – to power its Prometheus AI supercluster. This news has caused a surge in nuclear power stocks. The one gigawatt Prometheus AI supercluster is set to launch in New Albany, Ohio later this year.

The tech giant Meta Platforms signed an agreement with multiple companies to supply nuclear power for its data centers, including the Prometheus AI supercluster. Oklo, Vistra Corp, and TerraPower will help power the facility, leading to a spike in nuclear power stocks after the announcement.

Meta Platforms has previously made a nuclear power deal with Constellation Energy, resulting in a share price increase. Joel Kaplan, Meta’s chief of global affairs, emphasized the importance of nuclear energy in powering America’s AI future and energy infrastructure.

Big tech’s support for nuclear energy has grown as experts emphasize the need for alternative power sources for AI expansion. Oklo, supported by OpenAI CEO Sam Altman, is making strides in building new nuclear powerhouses, with Meta’s backing.

Oklo CEO Jacob DeWitte praised the partnership with Meta, stating that their vision to build advanced nuclear power facilities in Ohio is now becoming a reality. This collaboration signifies a multi-year effort between the two companies.

For more information, read the original article on Business Insider.

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