Guy Keller, Portfolio Manager of Tribeca Nuclear Energy Opportunities Strategy, highlights the significant investment potential in data centres and nuclear energy, driven by the rising demand for AI technologies. He emphasizes that AI-driven data centres require substantial power, presenting a multi-decade investment opportunity. Keller advocates for nuclear energy as a key solution, noting that Western governments, including the US, are investing billions in nuclear subsidies to meet renewable energy targets. He also predicts a significant increase in uranium prices due to rising demand and supply constraints.
Keller observes that major private equity firms and tech giants are heavily investing in data centres, recognizing their importance in the AI revolution. He stresses that without sufficient power, advancements in AI and data centres will be futile, indicating a critical intersection of technology and energy sectors for future growth. This convergence of interests underscores the necessity of reliable, carbon-free energy solutions, with nuclear power playing a pivotal role.
Read more here: AFR Article