Tech giants are securing long-term nuclear energy deals to meet surging electricity needs from artificial intelligence. BNN Bloomberg reports that Meta has signed a 20-year agreement with Constellation Energy to expand nuclear output at the Clinton Clean Energy Center in Illinois.

Facebook parent Meta announced an unprecedented deal with Constellation Energy, the largest American nuclear power plant operator, cementing Meta’s turn to turn to nuclear energy to power its energy intensive, generative artificial intelligence initiatives, and sending Constellation shares surging.

Meta has stated that it prioritises efficient operations, ensuring that its electricity consumption matches 100% clean and renewable energy while actively exploring emerging technologies.