Amazon Invests $500M in Nuclear IPO, Expands AWS-Oracle Multicloud Deal
Amazon backed X-energy’s IPO with a $500 million Series C-1 investment, agreeing to buy 5 GW of nuclear power by 2039 to support data centers and AI infrastructure. It also expanded its AWS multicloud deal with Oracle for high-performance OCI-AWS connectivity and noted Fire TV device sales topped 300 million units.
1. X-energy IPO Investment
Amazon led a $500 million Series C-1 investment in X-energy, whose IPO is expected to raise over $800 million. Alongside the funding, Amazon committed to purchase up to 5 GW of nuclear energy by 2039 to power its data centers and support AI computing needs.
2. AWS-Oracle Multicloud Partnership
The company expanded its AWS partnership with Oracle to offer high-performance connectivity between AWS and Oracle Cloud Infrastructure. This integration aims to simplify multicloud operations, enabling seamless data transfer and modernization of analytics and AI workloads across both environments.
3. Fire TV Device Scale
Amazon’s Fire TV platform has surpassed 300 million devices sold globally, reinforcing its content distribution network. While active usage metrics remain undisclosed, the scale underscores Amazon’s reach in the connected TV market against rivals like Roku.