Boeing layoffs, Facebook firings, meat recalls, and Big Tech goes nuclear: Business news roundup
Amazon (AMZN) is joining its artificial intelligence competitors in the race for nuclear energy.
The tech giant has signed three agreements “to support the development of nuclear energy projects,” it said Wednesday. The agreements include building “several” small modular reactors (SMRs). These “advanced” nuclear reactors have “a smaller physical footprint, allowing them to be built closer to the grid,” Amazon said. And compared with traditional reactors, SMRs can be put online faster because construction takes less time.
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