Big news in the artificial intelligence (AI) space over the weekend is shaking up stock prices at AI app-maker C3.ai (NYSE: AI) and small modular nuclear power plant-builder NuScale Power (NYSE: SMR) this morning,
Paris-based developer Newcleo raised $151mn in September and US-based developers Blue Energy and Last Energy raised $45mn and $40mn respectively last year. Nano Nuclear Energy, a developer of microreactors which listed in May, raised $134mn capital in 2024.
Big Tech is driving a race for small modular reactors (SMRs) to meet the surging electricity demand of AI data centers
This story was originally published on the author’s substack, Field Notes with Alexander C Kaufman, to which you can subscribe here. Artificial intelligence is driving up demand for electricity—the only question is how much, and what provides the power.
Everstar raised $4M in Pre-Seed funding led by Third Prime VC, with participation from Pelican Energy Partners, EXCEL Services, Virta Ventures, Generational Partners, Page One Ventures, and a distinguished group of angel investors with deep expertise in artificial intelligence, energy, aerospace, and defense.
Shares of power producers fell as hopes for a boom in AI power demand faded somewhat. Constellation Energy, the nuclear-power producer that's been a hot stock in recent months because of its deals to power artificial-intelligence data centers,
It is widely recognized that the Fourth Industrial Revolution will be driven by technological advancements in Artificial Intelligence, Cloud Computing, Internet of Things and Robotics. Countries and tech companies are investing heavily in emerging technologies as these will provide a decisive advantage in multiple domains.
The IAEA will host the first ever (AI) and Nuclear Energy at its headquarters in Vienna from 3 to 4 December 2025. The Symposium will explore how nuclear energy can help meet growing electricity demand from the data centres driving AI as well as the myriad ways AI can support the nuclear power industry.
AI data centers and %Blockchain networks require vast amounts of electricity, driving demand for stable and sustainable energy sources. As the world seeks cleaner alternatives, nuclear power has ...