Matt Garman, CEO of Amazon Web Services, joined government officials and energy-sector leaders today in Virginia to announce multiple agreements to promote the expansion of next-generation nuclear power.

Amazon's deal with utility Dominion and more Department of Energy money could boost the development of the advanced technology.

Amazon India has launched the Amazon Smbhav Hackathon 2024 to foster tech and AI-powered innovations for Indian SMBs in e-commerce.

The U.S. on Wednesday opened applications for up to $900 million in funding to support the initial domestic deployment of small modular reactor nuclear technology. WHY IT'S IMPORTANT President Joe Biden's administration believes nuclear power is critical in the fight against climate change because it generates electricity virtually free from emissions,

Amazon Web Services is investing over $500 million in nuclear power, announcing three projects from Virginia to Washington State.

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.

The US Department of Energy (DOE) has committed $900m to support the development and deployment of advanced Generation III+ small modular reactor (SMR) technologies. The funding effort is part of the Consolidated Appropriations Act of 2024 and utilises resources from President Biden's Bipartisan Infrastructure Law.