Meta Pushes Into Power Trading as AI Sends Demand Soaring

Meta Platforms Inc. is pushing to break into the wholesale power-trading business so it can better manage the massive electricity needs of its data centers. The company, which owns Facebook, filed an application with US regulators this week seeking authorization for the move. A Meta representative said it was a natural next step to participate in energy markets as it looks to power its operations with clean energy. Most Read from Bloomberg Buying electricity has become an increasingly urgent challenge f ...