Amazon backs X-Energy IPO raising about US$1 billion to support AI data center power needs

X-Energy, a nuclear company, completed a major IPO raising about US$1 billion, with Amazon as a key corporate supporter, bringing a new nuclear power player to public markets.

The move links Amazon's capital deployment to nuclear energy to support power needs for AI-driven data centers, as generative AI workloads grow inside AWS and interest in stable, low-carbon power sources rises across the sector.

For Amazon investors, this development highlights how energy access is becoming part of the broader tech and cloud investment story; future updates on X-Energy's project progress, regulatory milestones, and power purchase agreements with Amazon may clarify how much this relationship could matter for Amazon's long-term power planning.