A group of major energy users have signed a pledge to support tripling global nuclear power capacity by 2050. Nuclear power is seeing a resurgence in popularity thanks in part to significant growth in power demand due to AI.

Major companies such as Amazon and Google on Wednesday signed a pledge to support the goal of at least tripling the world's nuclear energy capacity by 2050, on the sidelines of the CERAWeek conference in Houston.

Several major tech companies signed on to a pledge to triple nuclear power capacity worldwide by 2050 in an effort to meet growing energy demand, driven in large part by the companies themselves and their pursuit of artificial intelligence.

Major technology and energy companies have pledged to support wider use of nuclear power, as surging demand from data centers and factories outpaces current availability.

Amazon, Google and Meta signed a pledge this week that supports at least tripling nuclear power worldwide by 2050. The Large Energy Users Pledge — backed by the World Nuclear Association as well as industrial giants like Dow,

Among companies and banks pledging their support Wednesday to increase the world’s nuclear energy capacity — Amazon, Meta, Google, Goldman Sachs, Morgan Stanley and Bank of America.

Four energy stocks power gains for the S&P 500 as the market endures another tough week. Amazon, Google, more make nuclear energy pledge.