Arm

And that's bringing on new power into the grids, whether they're new solar farms or the new wind farms, and now we're adding nuclear to that. And so it's just a portfolio of that. I think the world is going to need more carbon-free energy. And compute and data centers are a big portion of that. And we're pushing hard to make sure that the world has enough sources of that.

And I do think that nuclear will be an important component of that plan over the next couple of decades. And so we're excited about small modular reactors. I think that it's a technology that's a little ways away, by the way. It's not solved for the next couple of years. Past 2030 and beyond, I think it could be a very important component.

And I do think that nuclear will be an important component of that plan over the next couple of decades. And so we're excited about small modular reactors. I think that it's a technology that's a little ways away, by the way. It's not solved for the next couple of years. Past 2030 and beyond, I think it could be a very important component.

And I do think that nuclear will be an important component of that plan over the next couple of decades. And so we're excited about small modular reactors. I think that it's a technology that's a little ways away, by the way. It's not solved for the next couple of years. Past 2030 and beyond, I think it could be a very important component.

One, because you can actually put it near where you need the power to be. Another of the bottlenecks that we run into is around transmission. It's not just power generation, but it's transmission. So you can have a solar farm out in the desert, but if you don't have transmission to get it to where your data centers are, then it doesn't do a lot of good.

One, because you can actually put it near where you need the power to be. Another of the bottlenecks that we run into is around transmission. It's not just power generation, but it's transmission. So you can have a solar farm out in the desert, but if you don't have transmission to get it to where your data centers are, then it doesn't do a lot of good.

One, because you can actually put it near where you need the power to be. Another of the bottlenecks that we run into is around transmission. It's not just power generation, but it's transmission. So you can have a solar farm out in the desert, but if you don't have transmission to get it to where your data centers are, then it doesn't do a lot of good.

And so those are both problems that need to be solved. And it's not just data centers. It's electric cars. It's electrification of all of our businesses. There's a bunch of these things that are going to need to happen. And so I think nuclear is going to be an important part of that, both small modular reactors. And I think the world's going to have to build more

And so those are both problems that need to be solved. And it's not just data centers. It's electric cars. It's electrification of all of our businesses. There's a bunch of these things that are going to need to happen. And so I think nuclear is going to be an important part of that, both small modular reactors. And I think the world's going to have to build more

And so those are both problems that need to be solved. And it's not just data centers. It's electric cars. It's electrification of all of our businesses. There's a bunch of these things that are going to need to happen. And so I think nuclear is going to be an important part of that, both small modular reactors. And I think the world's going to have to build more

of these large, you know, industrial scale nuclear plants as well. I think a lot of people's heads are in the like, you know, that was scary back in the 50s when the technology wasn't as safe today. It's a very safe, scalable technology, but it's, you know, it's something that we have to keep spending and scaling.

of these large, you know, industrial scale nuclear plants as well. I think a lot of people's heads are in the like, you know, that was scary back in the 50s when the technology wasn't as safe today. It's a very safe, scalable technology, but it's, you know, it's something that we have to keep spending and scaling.

of these large, you know, industrial scale nuclear plants as well. I think a lot of people's heads are in the like, you know, that was scary back in the 50s when the technology wasn't as safe today. It's a very safe, scalable technology, but it's, you know, it's something that we have to keep spending and scaling.

Yeah. Well, AWS is a nice profitable business for Amazon.

Yeah. Well, AWS is a nice profitable business for Amazon.

Yeah. Well, AWS is a nice profitable business for Amazon.

You've got the margin to spend on it, but at some point it has to return. And for customers, they're increasingly looking at it this way. It's not just us. And I said this a little bit ago. If you talk to customers, they are very focused on how do they have ROI-positive AI projects.

You've got the margin to spend on it, but at some point it has to return. And for customers, they're increasingly looking at it this way. It's not just us. And I said this a little bit ago. If you talk to customers, they are very focused on how do they have ROI-positive AI projects.

You've got the margin to spend on it, but at some point it has to return. And for customers, they're increasingly looking at it this way. It's not just us. And I said this a little bit ago. If you talk to customers, they are very focused on how do they have ROI-positive AI projects.

I think the Cloud has already proven across a broad swath of industries to be ROI positive for many different industries. I think we're moving your data to the Cloud, your compute to the Cloud, you gain agility. That I think we've proven that we can deliver great ROI for customers in moving to the Cloud broadly, broad speaking and taking IAS side.