Europe’s AI demand could set off nuclear energy boom, says JP Morgan

AI Summary

JPMorgan says Europe’s growing demand for artificial intelligence could accelerate investment in nuclear energy as the EU expands data-centre capacity. The projects are being framed as a way to support digital infrastructure while advancing decarbonisation and energy security.

The EU’s goal of ramping up data centre capacity is already driving more investment in nuclear energy projects as the bloc seeks to decarbonise and secure energy security at the same time, says the global investment firm.