Traditional nuclear power, created from fission instead of fusion, has seen a big uptick in investment as Big Tech looks for ways to fill the ever-increasing power needs of AI data centers. Amazon, Google and Meta have signed a pledge to help triple nuclear energy worldwide by 2050.
"If you care about AI, if you care about energy leadership … you have to make investments into fusion," FIA CEO Andrew Holland said. "This is something that if the United States doesn't lead on, then China will."