Meta wants to get into the electricity trading business
PositiveArtificial Intelligence
- Meta is entering the electricity trading market to accelerate the construction of new power plants necessary for its data centers. This strategic move aims to enhance its energy supply and support its growing operations in artificial intelligence.
- By committing to long-term energy contracts, Meta seeks to assist plant developers, ensuring a stable energy supply that aligns with its expansion plans. This initiative reflects the company's proactive approach to securing resources critical for its technological advancements.
- The entry into power trading highlights a broader trend among tech companies to integrate energy solutions into their business models, addressing the increasing demand for sustainable energy sources while simultaneously supporting their infrastructure needs.
— via World Pulse Now AI Editorial System



