Amazon, Google sign pledge to support tripling of nuclear energy capacity by 2050 ...Middle East

Shale company Occidental and Japanese heavy machinery maker IHI Corp also added their names to the pledge.

conference on Tuesday.

It adds on to the vow from over 30 countries, which also aimed to triple capacity by 2050 in 2023.

It has also become a compelling solution for power-guzzling data centers, with Big Tech firms already having signed multiple billion-dollar deals with utilities

Despite the demand, its supply is still constrained as global uranium production is heavily concentrated in Kazakhstan, Canada and Australia, accounting for around two-thirds of global output in 2022, according to WNA.

Amazon, which says it has spent over $1 billion on nuclear energy projects and technologies, is exploring small modular reactor

Meta and Google are also looking into the nascent technology. (Reporting by Seher Dareen in Bengaluru; Editing by Shreya Biswas)

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