Meta Platforms Inc. is nearing a historic investment of over $10 billion in Scale AI, a leading artificial intelligence startup specializing in data labeling services. The deal would […]
Meta Invests $10 Billion in Scale AI: A Major Shift in the AI Landscape
Meta Platforms Inc.’s proposed $10 billion investment in Scale AI marks a significant turning point in the artificial intelligence (AI) field. The deal, if finalized, will significantly elevate […]
Meta to Invest $10 Billion in Scale AI, Reshaping AI Landscape
Meta Platforms Inc. is reportedly planning a massive $10 billion investment in Scale AI, a move that could significantly reshape the landscape of artificial intelligence (AI) development. This […]
Meta to Invest $10 Billion in ScaleAI, Aligning with Big Tech’s AI Boom
Meta Platforms is considering a massive investment of over $10 billion in ScaleAI, valuing the AI company at an impressive sum. This potential deal would demonstrate Meta’s commitment […]
Meta’s Reality Labs Aims for Big Breakthrough in 2025
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 […]