Meta Enters Power Trading to Support Its AI Energy Needs Meta Enters Power Trading to Support Its AI Energy Needs Meta Platforms Inc is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power plants that are vital to its artificial intelligence ambitions
Meta said to get into power trading to fuel its AI energy needs Meta Platforms (META) is entering the electricity trading market to accelerate the construction of new U S power plants vital to its artificial intelligence ambitions, according to a report by
Meta Enters Power Trading To Support Its AI Energy Needs . . . Meta is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power plants that are vital to its AI ambitions From a report: The foray into power trading comes after Meta heard from investors and plant developers that too few power buyers were
Meta’s becoming an electricity broker. - The Verge The company plants to start trading power, a move that could support the buildout of new power plants as grids try to keep up with rising electricity demand from data centers and generative AI
Meta Enters Power Trading amid Soaring AI Energy Demand Briefing Meta Platforms is directly entering the wholesale power -trading business through its subsidiary, Atem Energy, a strategic move driven by the exponential increase in electricity demand from its AI-driven data centers This development signifies a major tech company taking direct control over its energy supply, aiming to secure reliable power, manage costs, and support its clean energy