Amazon Web Services Invests $500 Million In Small Modular Nuclear Reactor To Power AI

Benzinga

Amazon Web Services is investing over $500 million in nuclear power to support its clean energy goals and growing AI services. AWS has agreed with Dominion Energy to explore developing a small modular nuclear reactor near Virginia’s North Anna power station. SMRs offer quicker build times and a smaller footprint than traditional reactors, and they are crucial for meeting rising power demands in the U.S. tech industry. AWS plans to build additional SMRs in Washington State by partnering with Energy Northwest.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Amazon Web Services is investing over $500 million in nuclear power to support

00:07its clean energy goals and growing AI services.

00:10AWS has signed an agreement with Dominion Energy to explore developing a small modular

00:15nuclear reactor near Virginia's North Anna Power Station.

00:19SMRs offer quicker build times and a smaller footprint than traditional reactors,

00:23and they are crucial for meeting rising power demands in the U.S. tech industry.

00:28AWS plans to build additional SMRs in Washington state by partnering with Energy Northwest.

00:33For all things money, visit Benzinga.com slash GSTV.

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