The day after Thanksgiving, Jennifer Hudson and Martha Stewart will suit up to pitch Amazon special deals, as part of a series of live shopping shows produced by video-commerce company TalkShopLive. Amazon’s TalkShopLive shows on Black Friday (Nov. 29) will be hosted by Stewart, Hudson, actor Eva Mendes and Kimberly Schlapman (of country supergroup Little […]
Disney vet Alexandra Weinberger has joined Amazon MGM Studios in the newly created role of chief of YA and comedy ongoing series. Three years ago, Amazon MGM Studios (then just Amazon Studios) organized its leadership team to focus on three areas: development, series, and IP and talent management. In her new position, Weinberger will head […]
Sophie Turner is nearly set for the lead role in Amazon’s upcoming “Tomb Raider” TV series, Variety has confirmed with sources. Sources say that the deal is not fully closed yet but is expected to close soon. Turner will play the lead role of Lara Croft, the titular tomb raider. The show was greenlit at […]
RIP, Freevee. Amazon is officially shutting down Freevee, its free, ad-supported video streaming service originally launched under the IMDb brand nearly five years ago. Freevee will be phased out over the course of the next several weeks. Going forward, content that had been on the service will be subsumed under Amazon’s Prime Video brand. In […]
In its nine seasons, “The Office” only had seven Christmas episodes, including fan favorites like “Secret Santa,” “Moroccan Christmas” and “A Benihana Christmas.” Now, you can keep the tradition going with a new holiday storybook inspired by the iconic sitcom. On sale for $17.99 (reg. $19.99) on Amazon, “The Night Before Christmas at Dunder Mifflin” […]
Amazon has turned to AI to create recaps for TV shows on Prime Video — starting with its own original series — in a way the company claims won’t risk revealing spoilers. On Monday, Amazon announced X-Ray Recaps on Prime Video, touting the generative-AI-based feature as “delivering a new way to get up to speed […]
On Tuesday, Google announced that it had made a power purchase agreement for electricity generated by a small modular nuclear reactor design that hasn't even received regulatory approval yet. Today, it's Amazon's turn. The company's Amazon Web Services (AWS) group has announced three different investments, including one targeting a different startup that has its own design for small, modular nuclear reactors—one that has not yet received regulatory approval.
Unlike Google's deal, which is a commitment to purchase power should the reactors ever be completed, Amazon will lay out some money upfront as part of the agreements. We'll take a look at the deals and technology that Amazon is backing before analyzing why companies are taking a risk on unproven technologies.
Money for utilities and a startup
Two of Amazon's deals are with utilities that serve areas where it already has a significant data center footprint. One of these is Energy Northwest, which is an energy supplier that sends power to utilities in the Pacific Northwest. Amazon is putting up the money for Energy Northwest to study the feasibility of adding small modular reactors to its Columbia Generating Station, which currently houses a single, large reactor. In return, Amazon will get the right to purchase power from an initial installation of four small modular reactors. The site could potentially support additional reactors, which Energy Northwest would be able to use to meet demands from other users.
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