Meta said it has secured agreements with energy companies Vistra, TerraPower and Oklo, which are working on nuclear power technologies. They're planning to work together to eventually power Meta's ...

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Meta has cut a trio of deals to power its artificial intelligence data centers, securing enough energy to light up the equivalent of about 5 million homes. The parent company of Facebook on Friday ...

Meta Inc. is beginning to cut 10% of employees, or more than 1,000 jobs, from its Reality Labs division as it shifts its investment away from metaverse products. "We said last month that we were ...

WASHINGTON, Jan 9 (Reuters) - Meta Platforms (META.O), opens new tab said on Friday it struck 20-year agreements to buy power from three Vistra (VST.N), opens new tab nuclear plants in the U.S.

Meta Platforms Inc. agreed to a series of electricity deals to power data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers. The agreements could end up totaling ...

Meta today announced three deals to provide its data centers with nuclear power: one from a startup, one from a smaller energy company, and one from a larger company that already operates several ...

Meta experienced a 30% drawdown despite record revenues. The market is concerned about AI CapEx and R&D rising significantly with uncertain ROI. Meta's growth pillars remain intact; recent & planned ...

(Bloomberg/Kurt Wagner) — Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away from some virtual reality products and ...

Meta, the parent company of Facebook and Instagram, announced deals Friday with three nuclear energy companies to help power its AI infrastructure, including the tech giant’s forthcoming Prometheus ...

This is read by an automated voice. Please report any issues or inconsistencies here. Social media giant Meta said it’s cutting more than 1,000 workers and closing several content studios as it ...