20 AI News You Probably Missed

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7. Constellation Energy Corporation (NASDAQ:CEG)

Number of Hedge Fund Holders: 71 

Constellation Energy Corporation (NASDAQ:CEG) generates and sells electricity in the United States. The stock has jumped on the back of reports earlier this week that tech giant Microsoft was partnering with the utility firm to restart the Three Mile Island in Pennsylvania, the site of the worst nuclear power accident in the US. The project is indicative of the growing power demand of AI data centers and also highlights the AI ambitions of Microsoft. Under the terms of the partnership, Constellation Energy Corporation (NASDAQ:CEG) will revive the nuclear power plant in the area which closed down in 2019. The tech world is actively seeking cleaner sources of power for their AI needs in a bid to find a carbon-free, round-the-clock electricity source needed to meet climate goals.

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