Meta Signs Nuclear Energy Deals to Power AI Supercluster
Meta Platforms has signed nuclear energy agreements with Vistra, TerraPower, and Oklo to secure clean power for its Prometheus AI supercluster, with BofA Securities maintaining a Buy rating.
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Meta Platforms has signed nuclear energy agreements with Vistra, TerraPower, and Oklo to secure clean power for its Prometheus AI supercluster, with BofA Securities maintaining a Buy rating.
Meta Platforms cuts over 1,000 jobs in its Reality Labs division, shifting focus from the metaverse to AI wearables and phone features, causing related crypto tokens to slide.
Jim Cramer comments on Meta Platforms' plan to power AI growth with nuclear energy, expressing skepticism about its 2030 target for small reactor power.
Meta Platforms named Dina Powell McCormick, a former appointee under Presidents Trump and Bush, as its president and vice chairman on Monday. The company stated the role aims to guide strategy and ensure its multi-billion-dollar investments meet goals.