Summary:

- Amazon has announced plans to invest more than $500 million in the development of small modular nuclear reactors (SMRs) to power its Amazon Web Services (AWS) cloud computing infrastructure.
- The investment is part of Amazon's broader efforts to transition its operations to 100% renewable energy by 2030 and achieve net-zero carbon emissions by 2040.
- SMRs are seen as a promising technology for providing reliable, carbon-free power at a smaller scale than traditional nuclear power plants, making them potentially more suitable for industrial and commercial applications.