Facebook parent Meta announced an unprecedented deal with Constellation Energy, the largest American nuclear power plant operator, cementing Meta’s turn to turn to nuclear energy to power its energy intensive, generative artificial intelligence initiatives, and sending Constellation shares surging.

Tech giant Meta announced a 20-year agreement with Constellation Energy for nuclear power to support its AI development.

Facebook parent company Meta is partnering with Constellation Energy to expand the output of an Illinois nuclear plant to help meet surging demand for artificial intelligence and other computing needs