US Edition
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.
9 Articles
9 Articles
The nuclear option: AI & a remarkable turnaround at Rolls-Royce
For over 100 years, Rolls-Royce has been a byword for quality and British engineering prestige. In recent years and under its new boss, however, the company is chasing a new kind of status. Since Tufan Erginbilgic took over as the firm’s CEO, its share price has rocketed ten-fold and it is now aiming to become the UK’s number one company. The plan centres on a bold shift into nuclear power, with small modular reactors designed to fuel the boo…
Rolls-Royce could become the largest company on the London Stock Exchange, according to CEO Tufan Erginbilgiç
Thanks to a 15-fold rise in its share price, Rolls-Royce’s (LSE:RR.) market cap has exploded in recent years. Today, the company is worth a whopping £92bn, making it the sixth-largest company in the UK’s FTSE 100 index. It can get bigger though, according to CEO Tufan Erginbilgiç. He recently told the BBC that he believes Rolls-Royce could one day be the largest company on the London Stock Exchange (LSE). A nuclear energy powerhouse Erginbilgiç’…
MADRID, 13 (EUROPA PRESS) The CEO of the British engine manufacturer Rolls-Royce, Tufan Erginbilgiç, has assured that his company has the potential to become the most quoted in the United Kingdom after having signed agreements with the governments of Great Britain and the Czech Republic to provide them with small modular reactors (SMRs) with which [...] The Rolls-Royce entry trusts that nuclear and AI will allow him to become the most listed com…
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
