US to See $350 Billion Nuclear Boom to Power AI, Report Says

The US is poised to undergo a significant nuclear energy expansion, driven by the growing demand for electricity to power emerging technologies like artificial intelligence (AI). According to a report by Bloomberg Intelligence, the country is expected to invest $350 billion in nuclear power by 2050, leading to a 63% increase in nuclear reactor output during this period. The report highlights the critical role that nuclear energy will play in meeting the increasing energy demands of advanced technologies, such as AI. As the adoption of these technologies continues to rise, the need for reliable and clean energy sources becomes increasingly important. The nuclear energy sector is seen as a key solution to this challenge, providing a stable and sustainable power supply to support the growth of AI and other cutting-edge technologies. The upcoming nuclear boom in the US is expected to have significant implications for the energy landscape, with the potential to reduce the country's reliance on fossil fuels and contribute to its efforts to combat climate change.