
As the demand for computing power surges, driven by the rapid expansion of artificial intelligence and cloud-based services, energy consumption from data centers is skyrocketing. This escalating requirement for reliable and sustainable energy sources is prompting innovative solutions in the energy sector, highlighting the critical role of advanced technologies in meeting future power needs.
Oklo Inc's (NYSE:OKLO) next-generation small nuclear reactors (SMRs) offer a "scalable solution" to the data center power crunch, according to BofA Securities.