Companies like Kairos Power are building new types of reactors with the encouragement of the Trump administration, but their success is far from assured.

The Hyperion project, expected to be Meta’s largest AI-focused data center, is going to be powered by at least three natural gas plants. Its utility, Entergy Corp., has applied to connect more natural gas generation to the grid as Meta seeks to scale the project.

The final agreement struck by Meta was with retail electricity and power generation firm Vistra. The two companies signed a series of Power Purchase Agreements (PPA) for 2,609MW of power from three nuclear plants across Ohio and Pennsylvania.

Globally, the buildout of nuclear capacity is at relatively high levels compared to the last 3 decades as countries recognize the importance of reliable, carbon-free power. Read more

Two smaller companies, Oklo and TerraPower, along with Vistra, a large energy company, just signed agreements with Meta.

Nuclear energy is capturing attention in today's market, but some of the sector's hottest stocks are riskier than others.