Amazon's New Year Surprise: A $1 Billion Bet on Nuclear Power

When you hear the name Amazon.com (NASDAQ: AMZN), a couple of things probably pop to mind. E-commerce, first and most obviously -- after all, Amazon is the world's biggest e-commerce company -- and then cloud computing. At $90 billion in annual revenue, Amazon Web Services (AWS) is bigger than Microsoft's (NASDAQ: MSFT) Azure, and far larger than Google Cloud.One thing you almost certainly do not associate with Amazon.com, though, is nuclear power production. But maybe you should.Cloud computing and nuclear power, after all, seem destined to go hand in hand. Newspaper headlines these past few months have announced news of Microsoft's tie-up with Constellation Energy (NASDAQ: CEG), for example, to restart Three Mile Island and provide nuclear power to Microsoft's server farms. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has similarly teamed up with privately held Kairos Power to build nuclear power plants for its data centers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool