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AI can make us UK's biggest firm, Rolls-Royce says

  • Rolls-Royce has signed deals to supply small modular reactors to the UK and Czech governments for AI-supported data centers.
  • Rolls-Royce predicts a global demand for 400 small modular reactors by 2050, with costs reaching $3 billion each.
  • CEO Tufan Erginbilgic believes the company can surpass competitors, aiming to become the largest firm in the UK by market capitalization.
  • Fatih Birol of the International Energy Agency has noted that global electricity demand from data centers is expected to more than double in the next five years.
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BBC News broke the news in United Kingdom on Tuesday, August 12, 2025.
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