Amazon to Invest $10 Bn in Space-Based Internet System

Amazon says it will invest $10 billion for its planned space-based internet delivery system. (AFP)
Amazon says it will invest $10 billion for its planned space-based internet delivery system. (AFP)
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Amazon to Invest $10 Bn in Space-Based Internet System

Amazon says it will invest $10 billion for its planned space-based internet delivery system. (AFP)
Amazon says it will invest $10 billion for its planned space-based internet delivery system. (AFP)

Amazon says it will invest $10 billion for its planned space-based internet delivery system after winning US regulatory approval to deploy more than 3,000 low-orbit satellites.

The US tech giant said on Thursday it is moving forward with its Project Kuiper, one of several systems planned to bring internet to customers without land-based connections.

Project Kuiper aims to deliver satellite-based broadband services in the United States, and eventually around the world, and may offer connectively for wireless carriers and 5G networks.

Amazon offer no timetable for the project but said it would begin deployment of its 3,236 satellites after the Federal Communications Commission approved the project.

"We have heard so many stories lately about people who are unable to do their job or complete schoolwork because they don't have reliable internet at home," said Amazon senior vice president Dave Limp.

"There are still too many places where broadband access is unreliable or where it doesn't exist at all. Kuiper will change that. Our $10 billion investment will create jobs and infrastructure around the United States that will help us close this gap."

Project Kuiper seeks to deliver high-speed broadband service to places beyond the reach of traditional fiber or wireless networks, including disaster relief.

It will be aimed at individual households, as well as schools, hospitals, businesses and other organizations.

An Amazon statement said the project also aims to "deliver an affordable customer terminal that will make fast, reliable broadband accessible to communities around the world."

Kuiper is one of several projects to deliver internet from space begun over the past decades.

Elon Musk's SpaceX and British-based OneWeb, which filed for bankruptcy earlier this year, are working on similar projects.



Meta Becomes the Latest Big Tech Company Turning to Nuclear Power for AI Needs

The Meta logo marks the entrance of their corporate headquarters in Menlo Park, California on November 9, 2022. (AFP)
The Meta logo marks the entrance of their corporate headquarters in Menlo Park, California on November 9, 2022. (AFP)
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Meta Becomes the Latest Big Tech Company Turning to Nuclear Power for AI Needs

The Meta logo marks the entrance of their corporate headquarters in Menlo Park, California on November 9, 2022. (AFP)
The Meta logo marks the entrance of their corporate headquarters in Menlo Park, California on November 9, 2022. (AFP)

Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook’s parent company.

The investment with Meta will also expand the output of a Constellation Energy Illinois nuclear plant.

The agreement announced Tuesday is just the latest in a string of tech-nuclear partnerships as the use of AI expands. Financial details of the agreement were not disclosed.

Constellation's Clinton Clean Energy Center was actually slated to close in 2017 after years of financial losses but was saved by legislation in Illinois establishing a zero-emission credit program to support the plant into 2027. The agreement deal takes effect in June of 2027, when the state's taxpayer funded zero-emission credit program expires.

With the arrival of Meta, Clinton’s clean energy output will expand by 30 megawatts, preserve 1,100 local jobs and bring in $13.5 million in annual tax revenue, according to the companies.

“Securing clean, reliable energy is necessary to continue advancing our AI ambitions,” said Urvi Parekh, Meta’s head of global energy.

Surging investments in small nuclear reactors comes at a time when large tech companies are facing two major demands: a need to increase their energy supply for AI and data centers, among other needs, while also trying to meet their long-term goals to significantly cut greenhouse gas emissions. Those emissions are generated, in large part, from the burning of fossil fuels like gasoline, oil and coal. Nuclear energy, while producing waste, does not emit carbon dioxide or other greenhouse gases.

Constellation, the owner of the shuttered Three Mile Island nuclear power plant, said in September that it planned to restart the reactor so tech giant Microsoft could secure power to supply its data centers. Three Mile Island, located on the Susquehanna River just outside Harrisburg, Pennsylvania, was the site of the nation’s worst commercial nuclear power accident in 1979.

Also last fall, Amazon said it was investing in small nuclear reactors, two days after a similar announcement by Google. Additionally, Google announced last month that it was investing in three advanced nuclear energy projects with Elementl Power.

US states have been positioning themselves to meet the tech industry’s power needs as policymakers consider expanding subsidies and gutting regulatory obstacles.

Last year, 25 states passed legislation to support advanced nuclear energy, and lawmakers this year have introduced over 200 bills supportive of nuclear energy, according to the trade association Nuclear Energy Institute.

Advanced reactor designs from competing firms are filling up the federal government’s regulatory pipeline as the industry touts them as a reliable, climate-friendly way to meet electricity demands from tech giants desperate to power their fast-growing artificial intelligence platforms.

Amazon, Google and Microsoft also have been investing in solar and wind technologies, which make electricity without producing greenhouse gas emissions.

Shares of Constellation Energy Corp., based in Baltimore, were flat Tuesday.