Amazon is going all-in on nuclear power. The tech behemoth will make a down payment on a set of new nuclear reactors in Washington state that can power its data centers and other homes and businesses in the area,

The cloud computing and retail giant signed a deal to buy electricity generated by small modular nuclear reactors. Put Amazon on the list of big technology firms embracing new nuclear technologies to fuel their data centers.

Tech companies are embracing the construction of new small modular reactors, which could have nuanced implications for nuclear stocks that have been some of the biggest gainers of 2024.

Amazon announced significant investments in nuclear energy on Wednesday, joining other tech giants in aiming to meet the high electric power demands of cloud computing and artificial intelligence usin

Amazon is investing in small modular nuclear reactors. while they’re radiation safe, they’re a risky investment.

Two days after Google cut a “world’s first” deal to purchase electricity from advanced nuclear reactors, Amazon announced three new agreements of its own today. Each deal supports the development of small modular reactors (SMRs),

Amazon is looking to next-generation nuclear plant designs to power its expanding portfolio of data centers, as AI helps to drive up power demands. Why it matters: The new commitments — along with other companies' recent announcements — show a surge of interest in small modular reactors to prevent burgeoning AI computing tasks from torpedoing climate goals.