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Meta Platforms Secures Long-Term Energy Deal to Power AI Growth
Meta Platforms Secures Long-Term Energy Deal to Power AI Growth
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Meta Platforms has entered a 20-year power purchase agreement with Constellation Energy''s Clinton nuclear plant, locking in energy costs critical for its AI infrastructure. The deal comes as generative AI''s power demands are projected to grow sevenfold by 2025.
While analysts remain bullish on Meta stock, consensus price targets reflect tempered expectations. The energy pact underscores Meta''s strategic positioning in the AI arms race, where reliable power access may prove more valuable than algorithms.
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