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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Amazon joins the nuclear power movement, purchasing 1.92 gigawatts of electricity for AWS.
Gate News bot message, tech giant Amazon will use the 1.92 k megawatts of power provided by Talen Energy's Susquehanna nuclear power station in Pennsylvania to power its AWS cloud and AI servers. Following Microsoft and Meta, Amazon is the latest hyperscale company to directly collaborate with large nuclear power plant operators.
Amazon's deal was announced on Wednesday, but it is not a brand new agreement; rather, it modifies an existing agreement with Talen. The old agreement stipulated that Amazon would build a data center next to the Susquehanna nuclear power plant, receiving power directly from the facility without first having it delivered to the grid.
The transaction was rejected by regulators due to concerns that customers would unfairly bear the burden of grid operation. Currently, Susquehanna Power Company provides power to the grid, which means that each kWh of electricity includes transmission fees for supporting grid maintenance and development. Amazon's user-side program can avoid these fees.
This week's revision means that billing for AWS data centers will be similar to other grid-connected customers. Talen stated that the transmission lines will be reconfigured in the spring of 2026, and the agreement covers power purchase until 2042.
Source: TechCrunch