Energy Infrastructure
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Meta will fund seven new natural gas plants to power its biggest data center yet
Meta will fund seven new natural gas power plants and associated transmission lines to support its largest data center under construction in Louisiana. The company is also investing in renewable energy resources and exploring future nuclear power development. This move comes amid growing public concern over the environmental impact and rising electricity costs associated with AI data centers.
Bill Gates-backed TerraPower begins nuclear reactor construction
TerraPower, a company founded by Bill Gates, has received approval from the Nuclear Regulatory Commission to begin construction on a new commercial nuclear reactor in Wyoming. This project, utilizing the company's Natrium technology, aims to provide an alternative power source amidst increasing demands from AI companies and data centers, though it faces significant costs and potential environmental concerns.