The age of artificial intelligence has only just begun and is heralding a comeback for nuclear energy. According to an updated report, the US will need an additional 700 to 900 gigawatts of clean and environmentally friendly electricity. Data centers for artificial intelligence are expected to account for 20 percent of the increased electricity demand. AI is becoming an increasingly important part of the modern economy. Companies such as Microsoft and Amazon rely on nuclear power. Nuclear power was extremely unpopular for many years, not only in the USA, but times have now changed.

A record amount of nuclear energy is set to be produced as early as 2025. More than half of this will probably be produced in China and India, according to the International Energy Agency. In order to meet the demand for increasing and at the same time safe and environmentally friendly energy, the focus is on nuclear energy. This leads to a growing demand for uranium. Uranium companies such as Uranium Energy and Cosa Resources should be pleased.

Uranium Energy – https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ – is involved in low-cost, environmentally friendly ISR uranium projects in the USA. Further uranium projects are located in Canada.

Cosa Resources – https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ – and its uranium projects are located in the famous Athabasca Basin in Saskatchewan. The portfolio includes approximately 216,000 hectares of land near known uranium corridors.

Current company information and press releases from Cosa Resources (- https://www.resource-capital.ch/en/companies/cosa-resources-corp/ -) and Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -).

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