Amazon Reveals $500 Million Oppenheimer Project

Amazon (NASDAQ: AMZN) AI datacenters are desperate to secure more electricity.

That’s why Amazon is investing $500 million in a new Oppenheimer Project in Washington state.

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The Artificial Intelligence revolution requires massive new datacenters.

Big tech companies are scrambling to buy chips from Nvidia. And they’re rushing to build out the AI infrastructure.

One big challenge is that they can’t secure enough electricity to meet their needs.

That’s why Amazon is partnering with X-Energy (private).

X-Energy will build a 320-megawatt Oppenheimer Project for Amazon in Washington state.

Here’s what Amazon’s VP of Data Centers says…

“We need smart solutions that can help us meet growing energy demands while also addressing climate change. X-energy’s technology will be integral in helping achieve this, and is an important step in Amazon’s work to achieve our Climate Pledge commitment to be net-zero by 2040.”

X-Energy has received a total of $885 million in financing.

Hedge fund billionaire Ken Griffin of Citadel and private equity firm Ares Management are investing alongside Amazon.

Artificial Intelligence is sparking massive demand for energy. And big tech companies will rush to secure clean, safe and abundant sources of electricity.

Big tech is investing billions in Oppenheimer Projects across America to meet these energy needs,

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