La estrategia de energía de la IA impulsada por energía nuclear de Meta y sus implicaciones para el crecimiento a largo plazo

In the escalating "Compute War" of 2026–2035, where artificial intelligence (AI) infrastructure demands are straining global energy grids, Meta has emerged as a strategic innovator by securing 6.6 gigawatts (GW) of nuclear power through landmark partnerships with Vistra, TerraPower, and Oklo. This bold move not only addresses the surging electricity needs of AI but also positions Meta to dominate the next phase of the digital economy. For investors, the implications are clear: Meta's nuclear energy strategy reduces operational risk, secures scalable infrastructure, and unlocks superior profit margins, making it a compelling long-term play in the AI-driven era.

A Strategic Energy Play: Securing 6.6 GW for AI Dominance

Meta's agreements with Vistra, TerraPower, and Oklo represent a multi-faceted approach to energy security. By locking in 20-year power purchase agreements (PPAs) for 2,609 MW of capacity from Vistra's Perry, Davis-Besse, and Beaver Valley nuclear plants, Meta ensures a stable, carbon-free power supply for its AI superclusters, including the Prometheus facility in Ohio. These PPAs also include plans to uprate existing plants, extending their operational lifespans by 20 years and preventing premature closures.

Simultaneously, Meta is funding the development of advanced nuclear technologies. TerraPower's Natrium reactors, with their 690 MW output per unit, will add 2.8 GW of baseload energy by 2035, while Oklo's 1.2 GW advanced nuclear campus in Ohio could come online as early as 2030 according to reports. These projects underscore Meta's commitment to innovation, leveraging next-generation reactors to meet the 24/7 energy demands of AI training and inference workloads.

Cost Efficiency and Margin Expansion: A High-Stakes Calculation

While nuclear energy carries higher upfront costs- estimated at $141–$220 per megawatt-hour compared to $50–$60 for gas, wind, or solar-Meta's strategy prioritizes long-term stability over short-term savings. By securing fixed-rate PPAs for two decades, Meta insulates itself from volatile fossil fuel markets and avoids the intermittency risks of renewables. This predictability reduces operational costs over time, as AI infrastructure requires consistent, high-capacity power to maintain performance.

Moreover, Meta's investments in nuclear infrastructure create ancillary revenue streams. For instance, the company's support for Vistra's plant uprates and TerraPower's reactor development strengthens the U.S. nuclear supply chain, potentially lowering costs for future projects. As noted by Meta's Chief Global Energy Officer, Urvi Parekh, these partnerships are critical to addressing the "growing electricity demand driven by AI" and ensuring grid reliability.

Competitive Advantages in the Compute War

Meta's nuclear strategy outmaneuvers competitors like Google and Microsoft in key ways. While Microsoft focuses on reviving existing reactors (e.g., Three Mile Island) and Amazon scales SMRs, Meta's diversified approach combines legacy plant preservation with cutting-edge reactor development. This hybrid model mitigates risks associated with unproven technologies and accelerates deployment timelines.

Google, meanwhile, is betting on molten salt reactors via Kairos Power, a technology still in the experimental phase. In contrast, Meta's partnerships with established players like Vistra and TerraPower provide a more immediate path to energy security. Additionally, Meta's vertical integration of energy and compute-building AI campuses with dedicated nuclear infrastructure- mirrors Amazon's redundancy-focused SMR strategy but with a stronger emphasis on baseload reliability.

Long-Term Implications for Investors

For investors, Meta's nuclear-powered AI strategy offers three key advantages:
1. Operational Resilience: By securing 6.6 GW of nuclear capacity, Meta avoids the grid constraints that could stifle AI growth. This resilience is critical as AI workloads become increasingly energy-intensive.
2. Scalability: The phased deployment of TerraPower and Oklo projects ensures Meta can scale its energy supply in lockstep with AI demand, avoiding the lag times that plague traditional energy projects.
3. Strategic Leadership: Meta's early adoption of nuclear energy positions it as a leader in the AI-driven economy, where energy access will determine market share. As the Reuters analysis notes, "the ability to secure stable, low-cost, and sustainable power is becoming a defining factor in the race for AI supremacy."

Conclusion: A Defensible Long-Term Investment

Meta's nuclear energy strategy is not merely about powering AI-it's about redefining the rules of the Compute War. By securing 6.6 GW of reliable, carbon-free energy, the company mitigates operational risks, expands profit margins, and cements its position as a leader in the AI era. For investors, this represents a rare combination of strategic foresight and tangible execution, making Meta a must-watch in the next decade of tech-driven growth.