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Big Tech is Going Nuclear to Power AI

As artificial intelligence continues to revolutionize industries, there’s one crucial aspect that remains largely under the radar: power consumption. 

Training advanced AI models, especially large language ones, demands a staggering amount of electricity. So much so, that the carbon footprint of these data-intensive tasks rivals that of entire cities.

Which is why some of Silicon Valley’s most elite are turning to nuclear power as a solution to cutting carbon emissions and weaning the world off Russian gas.

A recent job posting reveals that Microsoft is planning to grow its energy infrastructure by using small modular reactors (SMRs) to fuel the immense data centers driving Microsoft Cloud and AI.1

This isn’t the first time Microsoft has delved into the nuclear realm. In 2008, Bill Gates founded leading nuclear innovator TerraPower, which has since been meticulously crafting designs for these very SMRs. 

Of course, Microsoft is far from the only Silicon Valley juggernaut acknowledging the promise of nuclear energy. Billionaires Jeff Bezos, PayPal and Palantir co-founder Peter Thiel and OpenAI founder Sam Altman have also been investing big in nuclear. 

Helion Energy, backed by Thiel, recently secured a staggering $500 million in funding, aiming to develop a groundbreaking nuclear fusion system by 2024. Altman also recently provided funding and assumed the role of chairman at Oklo, a company dedicated to commercializing nuclear energy through the production of small, mass-manufactured reactors.

These individual commitments tell only part of the story. 

Last year alone, investors poured a record $3.4 billion into nuclear startups,2 eclipsing the total investments made over the previous decade. Nuclear-related deals have also jumped significantly over the last 10 years from fewer than 10 annually to 28 in 2021.

The higher demand for uranium combined with tight supplies has propelled uranium prices to a 12-year high, reaching $72 in September.3 

A Rising Star Within the Booming Uranium Market

As venture capitalists pour billions into nuclear startup projects, Katusa Research has uncovered a potential standout in the uranium market that could eclipse them all.

Katusa Research just released an extensive report on Uranium Royalty Corp. (NASDAQ:UROY) (TSX:URC), an up and coming player in the uranium sector with substantial interests in some of the world’s premier uranium mines.

Uranium Royalty Corp stands out as the first company to embrace the royalty and streaming business model exclusively within the uranium sector. This move enabled the company to secure significant royalties on premier mines during a period when uranium prices were notably lower than present rates.

Uranium Royalty’s royalty model offers a unique advantage that allows the company to receive cash from mines it invests in for a lifetime, sharing in the success of profitable mines. 

The company has royalty interests in 18 projects that promise substantial cash flows, including Cameco’s (NYSE:CCJ) McArthur River, which includes exceptionally high ore grades and licensed capacity, and Cigar Lake, which produced 14% of the world’s uranium in 2022. 

Uranium Royalty Corp. (NASDAQ:UROY) (TSX:URC) maintains a possession of over 2 million pounds of physical uranium, acquired at an average price of $44.39 per pound. Given that the present price surpasses $70 per pound, the company has realized a gain of 70%. Furthermore, it holds no debt and boasts more than $138 million in liquidity.

Behind Uranium Royalty is a team that’s a blend of experience and visionary zeal. President and CEO Scott Melbye is an industry expert with over 40 years in the uranium space including as President at Cameco and Amir Adnani, the President, CEO and founder of Uranium Energy Corp (NYSE-A:UEC).

When you consider all of this, it comes as no surprise that large funds like Global X Uranium ETF and Sprott Uranium Miners are investing in Uranium Royalty Corp.

For further details, click here to explore Katusa’s comprehensive report on Uranium Royalty Corp. (NASDAQ:UROY) (TSX:URC).

Disclaimer

1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector.

2) The Article was issued on behalf of and sponsored by, Katusa Research. Market Jar Media Inc. has or expects to receive from Katusa Research’s Digital Marketing Agency of Record (Native Ads Inc) one thousand one hundred USD for this article.

3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy.

4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com.

5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article.

6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Katusa Research.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Katusa Research.’s industry; (b) market opportunity; (c) Katusa Research’s business plans and strategies; (d) services that Katusa Research intends to offer; (e) Katusa Researchs milestone projections and targets; (f) Katusa Research’s expectations regarding receipt of approval for regulatory applications; (g) Katusa Research’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Katusa Research’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Katusa Research’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Katusa Research’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Katusa Research’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Katusa Research’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Katusa Research to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Katusa Research’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Katusa Research’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Katusa Research’s business operations (e) Katusa Research may be unable to implement its growth strategy; and (f) increased competition.

Except as required by law, Katusa Research undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Katusa Research nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Katusa Research nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Katusa Research or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Katusa Research or such entities and are not necessarily indicative of future performance of Katusa Research or such entities.

8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation.

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