BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Major US Tech Companies Pledge Support for Global Nuclear Power Expansion

U.S. Tech Giants Pledge Support to Triple Global Nuclear Energy Capacity by 2050

  • Major U.S. tech giants including Meta, Google, and Amazon have pledged support to triple global nuclear energy capacity by 2050.
  • This initiative marks the first large-scale commitment from businesses outside the nuclear sector to back nuclear power expansion.
  • The push comes amid concerns about Russia and China dominating nuclear innovation, with Trump administration officials actively working to revitalize America’s nuclear leadership.

In an unprecedented move signaling the technology sector’s growing energy concerns, major U.S. tech companies have committed to a global initiative aimed at tripling nuclear power generation by 2050, according to an announcement Wednesday from the World Nuclear Association.

- Advertisement -

The pledge represents the first coordinated effort by businesses outside the nuclear industry to publicly advocate for a substantial expansion of nuclear energy capacity. A total of 14 companies, including tech giants Meta, Google, and Amazon, have signed onto the commitment, joining 31 nations, 14 financial institutions, and 140 nuclear industry businesses.

"This is the first time major businesses beyond the nuclear sector have come together to publicly back an extensive and concerted expansion of nuclear power to meet increasing global energy demand," stated the World Nuclear Association in their March 12 statement.

The tech sector’s move toward nuclear energy has been building momentum over recent months. Amazon secured contracts in October 2024 with Washington, Virginia, and Pennsylvania to build small modular reactors (SMRs) – advanced nuclear facilities that can generate up to 300 megawatts of power.

That same month, Google announced plans to purchase nuclear power from multiple SMRs to be developed by Kairos Power, potentially yielding 500 megawatts of nuclear power. Meanwhile, Meta announced in December 2024 its intention to identify nuclear energy developers to support its AI innovation efforts, targeting up to four gigawatts of new nuclear production capacity in the United States.

- Advertisement -

"As global economies expand, the need for a reliable, clean, and resilient energy supply is paramount. Nuclear energy, with its ability to provide continuous power, can help meet this rising demand," said Urvi Parekh, Meta’s head of global energy.

Brandon Oyer, head of energy and water for the Americas at Amazon Web Services, emphasized that accelerating nuclear energy development is "critical to strengthening our nation’s security" as well as meeting future energy demands.

The industry-wide commitment comes amid growing concerns about America’s waning leadership in nuclear technology. Senator James Risch (R-Idaho) highlighted during a February meeting of electric grid operators and regulators that "Russian and Chinese reactor designs have accounted for 87 percent of new installed nuclear reactors worldwide [since 2017]."

"This is something we developed and that they now dominate. This is allowing them to improve technologies and invest in their defense on an industrial basis. This gives Russia and [China] dominance over the countries they supply; their grip will last generations," Risch warned.

Under the Trump administration, revitalizing America’s nuclear capabilities has become a priority. Energy Secretary Chris Wright signed an order last month directing the Department of Energy to "unleash" commercial nuclear power in the United States.

In a March 10 speech, Wright declared the administration is "working to launch the long-awaited American nuclear renaissance, fission and fusion. We want more reliable, affordable, secure energy."

"The long-awaited American nuclear renaissance must launch during President Trump’s administration. As global energy demand continues to grow, America must lead the commercialization of affordable and abundant nuclear energy," Wright stated in the order.

The collective push by tech companies for nuclear energy reflects the sector’s growing power needs, particularly for data centers supporting AI development, and aligns with national security concerns about maintaining America’s technological edge in a critical energy sector.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

Bittrex Seeks $24M SEC Settlement Refund After Policy Shift

Defunct crypto exchange Bittrex is asking a federal judge to overturn its 2023 settlement...

Witkoff Backs Tether CEO’s ‘Trillions of Agents’ Crypto Future

World Liberty Financial is expanding rapidly into stablecoins and tokenized assets, positioning USD-backed stablecoins...

Strategy’s Saylor reverses stance, may sell Bitcoin for dividends

Michael Saylor's company, Strategy (formerly MicroStrategy), announced on its Q1 2026 earnings call that...

ETH Accumulation Surges $592M, Targets $3,315

Ethereum accumulation addresses absorbed $592 million worth of ETH on Wednesday, signaling aggressive long-term...

Apple Stock Forecast: When, Not If, $300 Breaks as Analysts Up Targets

Apple stock trades at $284.18 on May 6, with analysts shifting focus from *if*...

Must Read

Top 10 Best DeFi Tokens to Invest in 2022

Decentralized Finance (Defi), is one of the most talked-about topics in the crypto space alongside NFTs. So if you want to know the best...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading