Nuclear gets boost with $500 million Amazon purchase as tech races for clean energy

Published October 16, 2024 10:45am ET



Amazon is making a major investment in nuclear power, backing three projects in Virginia and Washington state to support its operations, data centers, and the national grid, which faces strain from unprecedented demand.

The tech giant announced the historic deal on Wednesday. It is just the latest in several high-profile efforts by major tech firms to invest in nuclear power, which Amazon Web Services CEO Matt Garman called key to Amazon’s net-carbon emissions goals. 

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