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dawn of artificial intelligence (AI) has made a lot of companies household names. One might think of Nvidia or Palantir Technologies, for instance, both of which have skyrocketed over 1,100% and 2,600% respectively since ChatGPT was released at the end of 2022.Chips and software companies, however, aren't the only ones growing exponentially from AI. Because AI is thirsty for power, energy companies are also now getting attention. Indeed, without energy -- and lots of it -- AI's projected growth rate could be severely stalled, which is why energy companies.Nano Nuclear Energy (NASDAQ: NNE), for instance, is racing to invent novel technologies that can give it more juice. That promise alone has helped Nano's shares soar over 90% on the year. The nuclear company is designing something that could theoretically suit AI's energy needs the best.But since Nano is still years away from being profitable, investors should look closely at the company's story before they load up. Let's dive in and have a look now.Image source: Getty Images.In case you haven't noticed, a global nuclear renaissance is underway. After decades of stagnation, nuclear power generation grew at a compound annual growth rate of 14% between 2020 and 2024, according to research by Goldman Sachs. That rate is expected to accelerate, especially with countries like the U.S. pledging to triple or quadruple nuclear capacity by 2050.At the heart of this renaissance is novel nuclear technology. The power plants of old -- the hourglass cooling towers and steam lifting off them -- were expensive to build and could take a decade or more to construct. The power plants of the future, however, are looking smaller, more compact, and much less expensive to assemble.That's where Nano comes in. True to its name, Nano Nuclear is developing portable and stationary microreactors. Its portfolio includes three epic designs: KRONOS, a stationary microreactor; ZEUS, a solid-core battery reactor that can be transported on a truck; and LOKI, a microreactor that's designed for both Earth and space deployment.Alongside these micro modular reactors (MMRs), Nano also plans to produce high-assay low-enriched uranium (HALEU), a type of fuel that could power advanced reactors.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,790.25 +36.50 (+0.54%)Dow Futures47,181.00 +96.00 (+0.20%)Nasdaq Futures25,382.75 +216.50 (+0.86%)Russell 2000 Futures2,454.00 +13.40 (+0.55%)VIX19.08 -0.42 (-2.15%)Gold4,053.60 +43.80 (+1.09%)PortfolioSign in to access your portfolioSign inTop gainersGMED Globus Medical, Inc. 83.89 +22.18 (+35.94%)FROG JFrog Ltd. 60.00 +12.74 (+26.96%)EOSE Eos Energy Enterprises, Inc. 18.26 +2.97 (+19.42%)OS OneStream, Inc. 22.74 +3.66 (+19.18%)EXPE Expedia Group, Inc. 258.25 +38.55 (+17.55%)Top losersUI Ubiquiti Inc. 612.19 -147.38 (-19.40%)PRMB Primo Brands Corporation 14.46 -3.24 (-18.31%)RUN Sunrun Inc. 17.13 -3.29 (-16.11%)DIOD Diodes Incorporated 44.28 -7.53 (-14.53%)DOCS Doximity, Inc. 54.29 -8.29 (-13.25%)Most activeNVDA NVIDIA Corporation 188.15 +0.07 (+0.04%)OPEN Opendoor Technologies Inc. 6.56 0.00 (0.00%)ACHR Archer Aviation Inc. 8.18 -0.70 (-7.88%)PFE Pfizer Inc. 24.43 +0.01 (+0.04%)PLUG Plug Power Inc. 2.6500 +0.1400 (+5.58%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 105,992.34 +4,210.55 (+4.14%)NQ=F Nasdaq 100 Dec 25 25,382.75 +216.50 (+0.86%)ES=F E-Mini S&P 500 Dec 25 6,790.50 +36.75 (+0.54%)ETH-USD Ethereum USD 3,642.62 +255.58 (+7.55%)YM=F Mini Dow Jones Indus.-$5 Dec 25 47,180.00 +95.00 (+0.20%)Top economic events