Meta signs massive nuclear power deals with Gates and Altman-backed firms for AI data centers
20 Sources
[1]
Meta expands nuclear power ambitions to include Bill Gates' startup
Meta has forged agreements with three nuclear power providers in an effort to secure the vast amount of electricity it needs to power AI data centers. The agreements with TerraPower (which is backed by Bill Gates), Oklo (backed by Sam Altman), and Vistra are expected to deliver 6.6 gigawatts of
[2]
Meta Signs Multi-Gigawatt Nuclear Deals to Power AI Data Centers
Meta Platforms Inc. agreed to a series of electricity deals to power data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers. The agreements could end up totaling more than 6 gigawatts, enough to power a city of about 5 million homes. While Meta didn't
[3]
Meta announces a slew of nuclear energy agreements
Meta has three new agreements to purchase nuclear power for its AI infrastructure as well as the , a 1-gigawatt data center being built in Ohio. The social media giant is partnering with power companies Vistra, TerraPower and Oklo to deliver an expected 6.6 gigawatts of generation to its projects
[4]
Meta signs nuclear energy deals to power Prometheus AI supercluster
Meta on Friday announced agreements with three nuclear power providers, including one backed by OpenAI CEO Sam Altman, as part of its efforts to secure necessary resources for its AI ambitions. The arrangements with Vistra, TerraPower and Oklo, which are all working on nuclear power technologies,
[5]
Meta signs three nuclear power deals to help support its AI data centers
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers. Meta struck agreements with TerraPower, Oklo and Vistra for nuclear power for its Prometheus AI data center that is being built in
[6]
Seattle-area nuclear company TerraPower signs deal with Meta for up to 8 reactors
TerraPower, a Bill Gates-backed next-gen nuclear company, on Friday announced a deal with Meta to build up to eight small modular reactors in the U.S. with the first coming online as soon as 2032. Tech companies have been aggressively pursuing new clean energy solutions as they race to build
[7]
Meta unveils nuclear deal plans with three companies
Why it matters: It's the latest sign of big tech companies looking to nuclear as they seek electrons for building and using AI models. * The tech giant said the combined plans will "support" up to 6.6 gigawatts of current and new generation by 2035. Driving the news: There are 20-year power
[8]
Meta just bought enough nuclear to power 5 million homes
Meta has signed a series of multi-gigawatt nuclear energy contracts to power its sprawling network of artificial intelligence data centers, a move that could make it one of the largest corporate buyers of nuclear power in American history. The agreements, announced Friday, could supply more than 6
[9]
Meta signs 3 deals for nuclear energy to power AI data centers
Meta has cut a trio of deals to power its artificial intelligence data centers, securing enough energy to light up the equivalent of about 5 million homes. The parent company of Facebook on Friday announced agreements with TerraPower, Oklo and Vistra for nuclear power for its Prometheus AI data
[10]
Meta strikes nuclear power deals in support of its AI data centers
Meta signed deals with companies TerraPower, Oklo, and Vistra to help power its Prometheus data center. Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers. Meta struck agreements
[11]
Meta signs three nuclear power deals to help support its AI data centers
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers. Meta struck agreements with TerraPower, Oklo and Vistra for nuclear power for its Prometheus AI data center that is being built in
[12]
Meta signs three nuclear power deals to help support its AI data centers
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers. Meta struck agreements with TerraPower, Oklo and Vistra for nuclear power for its Prometheus AI data center that is being built in
[13]
Mark Zuckerberg Just Made a Massive Bet on Nuclear-Powered AI
The parent company of Facebook and Instagram announced deals with three nuclear power companies that will secure energy for its Ohio-based AI supercluster. The companies include Bill Gates-founded TerraPower, as well as two publicly-traded companies, Oklo and Vistra. "Our agreements with Vistra,
[14]
Meta Signs Three Nuclear Power Deals to Help Support Its AI Data Centers
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers. Meta struck agreements with TerraPower, Oklo and Vistra for nuclear power for its Prometheus AI data center that is being built in
[15]
Meta strikes deals with three nuclear energy companies
Meta, the parent company of Facebook and Instagram, announced deals Friday with three nuclear energy companies to help power its artificial intelligence (AI) infrastructure, including the tech giant's forthcoming Prometheus supercluster. The agreements with Oklo and TerraPower are meant to support
[16]
Meta Is Going Nuclear to Power Its AI Data Centers
Mark Zuckerberg is betting big on nuclear power to fuel his AI strategy. Meta is working with three partners: Bill Gates-backed TerraPower and Oklo to build new facilities, while buying electricity from Vistra's trio of plants in Pennsylvania and Ohio, according to The Wall Street Journal. Meta
[17]
Why Meta is lining up massive supply of nuclear power
The parent company of Facebook on Friday announced agreements with TerraPower, Oklo and Vistra for nuclear power for its Prometheus AI data center that is being built in New Albany, Ohio. Meta announced Prometheus, which will be a 1-gigawatt cluster spanning across multiple data center buildings,
[18]
Meta Signs Deals With 3 Nuclear Energy Companies to Power Data Centers | PYMNTS.com
"State-of-the-art data centers and AI infrastructure are essential to securing America's position as a global leader in AI," Meta Chief Global Affairs Officer Joel Kaplan said in the release. "Nuclear energy will help power our AI future, strengthen our country's energy infrastructure, and provide
[19]
Meta makes massive bet on nuclear power to fuel AI ambitions
Meta Platforms said Friday it struck 20-year agreements to buy power from three Vistra nuclear plants in the US heartland and develop projects with two companies hoping to build small modular reactors. Shares of Oklo and Vistra surged more than 10%. Meta and other Big Tech companies want to
[20]
Meta unveils raft of nuclear power agreements with AI ambitions in focus By Investing.com
Investing.com - Meta Platforms has unveiled a host of nuclear power-related initiatives and projects on Friday, as the Facebook-owner aims to lock down the energy needed to underpin its data center and artificial intelligence goals. The tech giant notched a two-decade deal with Vistra to gain
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Meta has secured nuclear energy agreements with three power providers—TerraPower, Oklo, and Vistra—to deliver 6.6 gigawatts by 2035. The deals will power the company's Prometheus AI supercluster in Ohio and represent billions in investment. With these agreements, Meta becomes the largest nuclear power buyer among tech giants racing to secure energy for AI infrastructure.
Meta Becomes Largest Nuclear Power Buyer Among Tech Giants
Meta has forged nuclear energy agreements with three power providers in a move that positions the company as the biggest buyer of nuclear power among hyperscalers competing for artificial intelligence dominance
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. The agreements with TerraPower (backed by Bill Gates), Oklo (backed by Sam Altman), and Vistra are expected to deliver 6.6 gigawatts of energy for Meta's projects by 2035—enough to power a city of about 5 million homes or exceed the total demand of New Hampshire1
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. While Meta didn't disclose the value of the contracts, agreements of this size can easily represent billions of dollars in total revenue for electricity generators2
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Source: New York Post
The nuclear power deals are designed to power AI data centers, including the Prometheus AI supercluster, a 1-gigawatt data center cluster being built in New Albany, Ohio, which is expected to come online sometime this year
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. Meta is funding the construction of new reactors as part of the agreements, with the first potentially coming online as early as 20301
. Market reaction was immediate, with Vistra's shares up about 14% and Oklo's shares gaining about 18% before trading opened in New York on Friday2
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Source: Inc.
Breaking Down the Multi-Gigawatt Deals
Meta's agreement with TerraPower will fund the development of two new Natrium units capable of delivering up to 690 megawatts of power as early as 2032
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. The deal also provides Meta with rights for energy from up to six other Natrium units capable of producing an additional 2.1 gigawatts and targeted for delivery by 20355
. TerraPower's reactors use sodium instead of water as a coolant, representing a new generation of nuclear technology3
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Source: GeekWire
The partnership with Oklo will bring 1.2 gigawatts of nuclear power online as early as 2030 through an advanced nuclear technology campus in Pike County, Ohio
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. OpenAI CEO Sam Altman owns a 4.3% stake in Oklo worth about $650 million as of Thursday's close, making him one of the company's largest investors4
. Meta says the agreement opens the door to the construction of multiple Oklo reactors, which will create thousands of construction and long-term operations jobs in Ohio3
.Meta's agreement with Vistra focuses on keeping existing nuclear plants running longer and boosting their output
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. Through new 20-year deals, Meta will buy more than 2.1 gigawatts of electricity from Vistra's Davis-Besse and Perry reactors in Ohio, while also backing added capacity at those sites plus another in Pennsylvania2
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. Vistra expects the added capacity, totaling 433 megawatts, to come online in the early 2030s3
.Expanding AI Infrastructure Amid Energy Constraints
These announcements are part of Meta's ongoing goal to support its future AI operations with nuclear energy, following a separate June agreement with Constellation Energy to purchase nuclear power from the company's Clinton Clean Energy Center in Illinois beginning in 2027
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. The nuclear power deals announced Friday will also help power the Ohio-based Prometheus project, which represents one of the keys to developing Meta's advanced artificial intelligence efforts2
.Urvi Parekh, Meta's head of global energy, explained that the agreements seek to address concerns about the shuttering of existing nuclear power plants and reflect the need for early investment to spur new nuclear power
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. "If we are unable to generate more electricity, that could hurt the ability of AI to grow faster," Parekh said, adding that "the big picture is about ensuring that we have more solutions as AI continues to grow instead of having constraints on what options and what technologies can be added to the grid"2
.US power usage is expected to climb at least 30% by 2030, with most of the new energy demand coming from data centers, according to a recent report from energy consulting firm Grid Strategies
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. Power suppliers are struggling to keep up, and electricity has become one of the most significant bottlenecks for developing artificial intelligence2
. While surging power demand for data centers has helped revive appetite for nuclear energy, hyperscalers have recently considered or pursued deals with natural gas-fired plants, which are usually much easier and swifter to build2
.Related Stories
Tech Industry's Nuclear Race Intensifies
Meta's new deals follow CEO Mark Zuckerberg's repeated pledges to spend hundreds of billions of dollars through the end of the decade on AI and the infrastructure needed to support it
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. His most significant infrastructure projects include the Prometheus supercluster computing system and "Hyperion," a rural Louisiana-based project that may scale to 5 gigawatts and come online in 20282
. The Hyperion project, expected to be Meta's largest AI-focused data center, is going to be powered by at least three natural gas plants2
.Amazon, Alphabet, and Microsoft have all signed deals to tap power from nuclear reactors, but those plans have now been dwarfed by Meta's efforts
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. In 2024, Microsoft and Brookfield Asset Management's green energy arm signed the biggest corporate clean-energy purchase agreement ever announced, involving more than 10.5 gigawatts of renewable energy capacity, estimated to be worth as much as $17 billion2
. Tech firms remain keen for nuclear power that's clean and can provide round-the-clock energy, even as they explore faster-to-build natural gas options2
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