Meta’s ambitious plans for augmented and virtual reality are taking center stage as the company gears up for a pivotal year. CTO Andrew Bosworth believes 2025 could be […]
Citi Downgrades Constellation Brands Following Meta Deal
Citi has downgraded Constellation Energy (CEG) from Buy to Neutral following the signing of a power purchase agreement with Meta on June 5th. The firm cites limited near-term […]
Meta Secures Long-Term Power Supply from Illinois Nuclear Plant for AI Growth
Tech giant Meta has secured a major energy deal, signing a 20-year agreement with Constellation to power its artificial intelligence and data center operations using electricity generated by […]
Meta Secures Nuclear Power for AI Infrastructure, Boosts Jobs in Illinois
Tech giant Meta has signed a long-term agreement with Constellation to acquire 1.1 gigawatts of energy from the Clinton Clean Energy Center in Illinois. This deal begins in […]
Meta Secures Long-Term Power Deal for AI and Data Center Expansion
Meta has signed a significant agreement with Constellation to secure power for its future growth plans, particularly for artificial intelligence (AI) and data centers. The deal guarantees 1.1 […]
Meta Signs 20-Year Nuclear Energy Deal with Constellation: Powering AI in Clean Energy
Meta’s partnership with energy giant Constellation for a 20-year nuclear power deal will fuel its AI operations. The agreement, which is expected to secure over 1,000 jobs at […]
Meta Powers Up: 20-Year Nuclear Deal Fuels AI Advancements
Meta Platforms Inc., formerly known as Facebook, has made a significant commitment to sustainable operations by securing a 20-year deal for nuclear energy. This move underscores the growing […]
Meta Powering Up AI With Nuclear Energy Deal
Meta has entered into a landmark 20-year agreement to power its ambitious artificial intelligence and data center initiatives with nuclear energy. The tech giant will purchase 1.1 gigawatts […]
Meta’s Nuclear Power Deal Boosts Constellation, Sets Clean Energy Example
Meta and energy company Constellation Energy have forged a 20-year agreement for emissions-free nuclear power. The deal sent Constellation stock soaring by over 11%, driven by the promise […]
Meta Shareholders Reject Proposal to Include Bitcoin on Balance Sheet
Shareholders of Meta, led by CEO Mark Zuckerberg, have rejected a proposal that would have included Bitcoin in the company’s balance sheet. This rejection came after an overwhelming […]
Constellation’s Stock Soars on Nuclear Power Deal with Meta: AI Fueling Growth
Constellation Energy (CEG) shares surged over 13% in premarket trading, reaching a new high of $355.50 following the announcement of a groundbreaking 20-year nuclear power agreement with Meta […]
Meta Shareholders Reject Bitcoin Treasury Proposal, Prioritizing Stablecoin Integration
In a decisive vote, Meta shareholders have rejected a proposal to include Bitcoin in the company’s treasury reserves, opting instead for strategies focused on stablecoins. The proposal, submitted […]
Meta Rejects Bitcoin Integration Proposal Despite Crypto Advocate’s Plea
Meta Platforms has rejected a proposal to incorporate Bitcoin into its financial strategy, defying calls from crypto advocate Ethan Peck and other proponents. The proposal faced overwhelming opposition, […]
Meta Shareholders Reject Bitcoin Incorporation in Balance Sheet
Meta Platforms faced strong opposition from its shareholders when a proposal to include Bitcoin on the company’s balance sheet was decisively rejected during its recent general meeting. Over […]
Meta Shareholders Reject Bitcoin Treasury Proposal, Signaling Industry Cautiousness
Meta’s shareholders overwhelmingly rejected a proposal to integrate Bitcoin into the company’s treasury. Only 0.1% of shareholders supported the initiative, while 95% voted against it. This decision reflects […]