Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) plans to go nuclear in the next decade, to meet massive electricity demands for its artificial intelligence data centres.
Mark Zuckerberg's social media and tech giant has reportedly issued a request for proposals (RFP) seeking developers to establish between one and four gigawatts of nuclear power capacity by the early 2030s.
Meta is said to be open to exploring both traditional large-scale reactors and emerging small modular reactors (SMRs) for its projects.
SMRs are considered a promising, cost-effective, and scalable alternative to conventional designs, although they remain largely untested at commercial scale.
Meta is the latest Silicon Valley firm to start exploring large-scale independent power generation amidst AI's burgeoning demand for power - the likes of Google, Amazon, and Microsoft have also begun similar scoping projects.