Data centres consider backing uranium projects, NexGen CEO says

Canadian uranium developer NexGen Energy has held preliminary talks with data centre providers about securing finance for a new mine that could supply fuel for power plants needed for artificial intelligence, its CEO said on Wednesday.

Soaring demand for AI is driving a massive build-out of power-hungry data centres, in turn boosting the need for ‌new generation capacity, ⁠including nuclear ⁠plants that will require uranium.