Meta’s stock been a Big Tech laggard, but a new frontier AI model could soon bridge the valuation gap relative to Alphabet’s ...
Meta is quietly preparing to become a player in wholesale electricity markets, turning its voracious artificial intelligence power demand into a reason to trade energy like a utility or hedge fund.
Meta is now stepping directly into the electricity market because the company believes this is the only way to get new power plants built fast enough for its AI goals. The company is entering ...
(Bloomberg/Josh Saul, Riley Griffin and Naureen S. Malik) — Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power ...
Shares of Meta Platforms, Inc. (NASDAQ:META) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance ...