Amazon bets on a nuclear startup that has never built a working reactor
Expanding its X-energy deal, Amazon funds 12 unproven SMRs for Indiana, but no US small reactor is operating and the mid-2030s timeline is far from locked.

Loading the Newsroom
Curating from trusted global sources…
5 briefings · “ucl”
Expanding its X-energy deal, Amazon funds 12 unproven SMRs for Indiana, but no US small reactor is operating and the mid-2030s timeline is far from locked.
The e-commerce giant is backing a 960-megawatt SMR fleet with X-energy and AEP, a high-stakes test for the AI data center power crunch.
A procedural move sets up a high-stakes congressional showdown over civilian nuclear cooperation with Riyadh, but GOP control makes the block a long shot.
The US's largest nuclear operator is squeezing 1 GW from old reactors, but a 30-gigawatt AI demand wave means uprates are only a bridge to new builds.
A small modular nuclear startup cleared the self-sustaining line. Regulators and investors now shift to the next proof point.