Meta Inks 20-Year Nuclear Power Deal with Constellation Energy to Fuel AI Growth
Meta Platforms has entered into a significant 20-year agreement with Constellation Energy to purchase power from an Illinois nuclear plant. This deal highlights the growing energy needs of AI technologies, as Meta aims to support its data centers with clean nuclear energy. Following the announcement, shares of both Meta and Constellation saw considerable increases, with predictions of further growth for other nuclear stocks. Analysts noted that this strategic move by Meta not only ensures reliable energy for its operations but also positions the tech giant firmly in the race for sustainable energy solutions alongside other major players like Microsoft.
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