Meta signs nuclear energy deal with Vistra, Oklo and TerraPower

Summary

CNBC's Joe Kernen reports that Meta has signed agreements to buy nuclear power from three U.S. plants operated by Vistra in Ohio and Pennsylvania, and to work with Oklo and privately held TerraPower on small modular reactors. The deals could provide up to 6.6GW of nuclear power by 2035 as AI and data centers drive electricity demand and higher bills. The segment is a brief news update without an explicit investment recommendation.

• Meta signs nuclear power agreements with Vistra, Oklo, and TerraPower.
• Vistra operates the three U.S. nuclear plants in Ohio and Pennsylvania.
• The agreements could deliver up to 6.6GW of nuclear power by 2035.
• AI and data centers are driving a surge in electricity demand.
• Higher electricity bills are noted as a consequence.
• TerraPower is privately held and backed by Bill Gates.
• The segment contains no explicit buy or sell recommendation.