After Microsoft, Meta and Amazon, now Google – Constellation Energy as the power supplier for AI giants

Alphabet is reportedly close to a multi-year nuclear power contract with Constellation Energy worth at least $1 billion, according to Bloomberg. After Microsoft, Meta, and Amazon, the next hyperscaler may secure long-term nuclear power from Constellation. Morgan Stanley forecasts a net power gap of 32 GW for U.S. data centers by 2028. Constellation could directly benefit from the growing electricity demand from AI. Constellation Energy (CEG) could increasingly become one of the most important power suppliers for the AI boom. According...