Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power plants that are vital to its artificial intelligence ambitions.

Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power plants that are vital to its artificial intelligence

Meta’s chief revenue officer is leaving at a time when Wall Street has become more concerned about the return on AI investments.

Meta is testing a new product that would give Facebook users a personalized, AI-powered briefing of information relevant to their daily lives.

Meta's move into trading underscores the huge increase in power demand transforming the U.S. energy and electricity market, with tech companies racing to develop advanced AI systems that use massive amounts of electricity, the report said.

Quick Read Meta Platforms (META) reaches over 3.5 billion daily active users across its apps generating unmatched behavioral data to train AI systems. Meta’s AI-driven ad tools now handle over $60B in annual spend with better conversion rates and expanding margins.

Meta just released the third generation of its SAM series, which stands for "segment anything models." These AI models are focused on visual intelligence, and they will power improvements to how you edit content on Meta's platforms.