Amazon (AMZN) Backs X-Energy Nuclear IPO, Boosting Small Modular Reactor Expansion
Amazon anchors $500M financing round for X-Energy's small modular nuclear reactors, aiming to add 5 GW of power by 2039 and support data center energy demand.
Market context
Follow the story. See which markets it affects. Explore the context.
Amazon anchors $500M financing round for X-Energy's small modular nuclear reactors, aiming to add 5 GW of power by 2039 and support data center energy demand.
Meta's deals with Oklo, Vistra, and TerraPower to supply nuclear energy for AI infrastructure signal strong commitment to alternative energy sources amid AI expansion, boosting related stocks and the…