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The agreements will see Meta fund the construction of new nuclear reactors to power its AI data centers.

Two smaller companies, Oklo and TerraPower, along with Vistra, a large energy company, just signed agreements with Meta.

On an earnings call, Zuck acknowledged that Meta’s massive AI spend might not go as intended in the near future. Reading time 2 minutes You know how Meta, the company formerly known as Facebook, is ...

The Mark Zuckerberg-led Meta said in a statement on Friday that the three deals will support up to 6.6 gigawatts of new and ...

Apple trades at record valuation multiples despite lackluster innovation, maturing growth, and CEO transition rumors. Learn ...