All Articles
Nuclear

Amazon Is Rapidly Ramping Up Nuclear Power Projects

October 16, 2024
x min read
Amazon the new money

The future of powering data centres and artificial intelligence cloud computing is being bet on nuclear energy. Is it just the beginning of a new paradigm for energy?

What’s happening:

  • Amazon (NASDAQ: AMZN) has entered into multiple new agreements focused on nuclear energy and is leading a $500M USD Series C financing round for small modular reactor company X-energy

Why it matters:

Going deeper:

The intrigue:

  • OpenAI co-founder Sam Altman has been placing his own bets on nuclear energy to power artificial intelligence workloads, being one of the first investors into Oklo and leading them onto the New York Stock Exchange through a SPAC transaction to advance

Discover the world's most disruptive early stage companies with 35,000+ investors.

The markets and trends that matter, made simple.

Join top talent at the world's most respected institutions, companies, and venture capital funds.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.