Amazon Invests $500M in X-energy’s $800M IPO, Commits 5GW Power, Expands AWS-Oracle
Amazon invested $500M in X-energy’s Series C-1 round to back a potential $800M IPO for small modular reactors and committed to purchase up to 5GW of nuclear power by 2039 to support its data centers and AI infrastructure. AWS also expanded multicloud connectivity with Oracle Cloud Infrastructure to streamline enterprise AI and analytics workloads.
1. Nuclear Power Investment
Amazon invested $500M in X-energy’s Series C-1 round, backing a potential $800M IPO for the nuclear startup developing small modular reactors. The deal includes a commitment to purchase up to 5GW of nuclear power by 2039 to supply its data centers and AI infrastructure needs.
2. AWS-Oracle Multicloud Partnership
Amazon Web Services expanded its partnership with Oracle Cloud Infrastructure to deliver high-performance connectivity and streamlined data transfer between AWS and OCI environments. The enhanced multicloud setup aims to simplify enterprise AI workloads, analytics and daily operations across both platforms.