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Meta eyes a move into electricity trading
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 ...
META PLATFORMS ($META) is expected to release its quarterly earnings data on Wednesday, April 30th after market close, per Finnhub. Analysts are expecting revenue of ...
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