Big tech firms bet on nuclear energy: Google, Amazon, Microsoft among others focus on its revival
Live MintBig tech firms like Google, Amazon, Microsoft and Meta are among the most popular companies exploring opportunities or investing in nuclear power projects as data centre requirements push global energy demand and production to new limits, reported the news portal CNBC on Saturday, December 28. The global electricity usage is likely to rise as much as 75 per cent by 2050, according to the U.S. Department of Energy, cited the news portal highlighting the tech industry's artificial intelligence ambitions. After years of focusing on renewable energy, the big tech firms are now at the revival of nuclear power for its ability to cater to massive energy requirements in a more efficient and sustainable manner. As nuclear energy is making a comeback in the United States, tech giant Microsoft struck an agreement with Constellation Energy to restart a reactor at Three Mile Island in Pennsylvania, the same site where most nuclear meltdowns were noted in 1979, according to the news portal's earlier report.