Nuclear Energy is Preferred to Power AI: 4 Tech Giants to Gain in 2025 [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
Artificial intelligence (AI) is revolutionizing industries and driving technological advancements at an unprecedented pace. However, its explosive growth comes with a huge requirement for energy. Data centers, which are the backbone of AI innovation, consume massive amounts of electricity to process complex computations and also to keep the high-performance systems cool. The surging demand for these energy-intensive data centers is pushing traditional power solutions to their limits. A recent Gartner report has highlighted that power shortages will operationally constrain 40% of existing AI and GenAI data centers by 2027, threatening their growth and disrupting energy availability. Amid this energy crisis, nuclear energy has turned out to be a game-changer in the quest for a sustainable and reliable source of power. Unlike other conventional sources, nuclear energy provides round-the-clock electricity with minimal carbon emissions, making it ideal for AI's growing demands. So,
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AMZN
Earnings
- 10/31/24 - Beat
AMZN
Sec Filings
- 12/11/24 - Form 4
- 12/9/24 - Form 144
- 12/6/24 - Form 4
- AMZN's page on the SEC website