Aalo Atomics, a Texas-based company specialising in modular nuclear technology for AI data centers, has raised US$100 million in Series B funding. This significant injection of capital underscores the growing interest in nuclear-powered solutions to meet escalating data demands.

As AI data centers drive a surge in electricity demand, the Department of Energy warns of a potential 100-fold increase in power outage risk by 2030. Oil and gas companies like Prairie Operating Co. are stepping up to meet the nation’s growing energy needs.