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Meta Pushes Into Power Trading as AI Sends Demand Soaring
Meta is moving to break into the wholesale power-trading business to better manage the massive electricity needs of its data centers. Bloomberg: The company, which owns Facebook, filed an application with US regulators this week seeking authorization to do so. A Meta representative said it was a nat...
Meta is moving to break into the wholesale power-trading business to better manage the massive electricity needs of its data centers. Bloomberg: The company, which owns Facebook, filed an application with US regulators this week seeking authorization to do so. Buying electricity has become an increasingly urgent challenge for technology companies including Meta, Microsoft and Alphabet's Google.
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