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Amazon, Microsoft, and Google are increasingly investing in nuclear energy to meet the rising electricity demands of AI technologies. Amazon has signed agreements to develop small modular reactors (SMRs) and purchase nuclear power, while Google has partnered with Kairos Power for a groundbreaking energy deal. Microsoft is reviving the Three Mile Island reactor.
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In the wake of Donald Trump's election victory, major tech executives are proactively reaching out to him to rebuild relationships and mitigate potential backlash. This shift reflects lessons learned from Trump's first term, where corporate leaders faced punitive actions for perceived disloyalty. The outreach aims to secure favorable treatment in a potential second Trump administration.
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On November 13, 2024, Amazon introduced Haul, a mobile-only storefront offering products under $20, primarily targeting price-sensitive consumers. With delivery times of one to two weeks, the platform aims to compete with discount retailers like Temu and Shein, focusing on low-cost goods.