Big Tech is reshaping the funding landscape for new nuclear technologies as it seeks to bolster electricity supply for power-hungry AI data centers, inking deals that offer nuclear companies both funding and a clearer path to making money. Several U.S. firms are developing new modular reactors that are smaller, more advanced and scalable than conventional nuclear plants. But none have begun commercial electricity production yas projects face challenges such as financing constraints and first-of-its-kind risks. However, the race to secure adequate energy to power data centers amid the burgeoning demand from AI is giving a fresh boost to the sector. All about ETCIO industry right on your smartphone!
Source: Economic Times April 10, 2026 12:47 UTC