The US will pour $350B into nuclear power by 2050, largely to feed AI’s surging energy appetite, according to a new Bloomberg Intelligence report. (Bloomberg)
The buildout would add 53 GW of capacity, boosting the US reactor fleet by 63% to 159 GW, enough to support expanding data centers while cutting carbon emissions.
Most of the growth is expected to come from SMRs, which promise lower costs and faster installation but won’t see wide deployment until after 2035.
Progress will be slow at first—the report expects just 9 GW to be added in the next decade—as the industry wrestles with costs, fuel supply, labor shortages, and regulatory stalemates.