(Bloomberg) — Meta Platforms has filed an utility with US federal regulators to promote electrical energy in wholesale markets.
The corporate, which owns Fb, submitted the filing Tuesday to the Federal Power Regulatory Fee asking for authorization “to promote vitality, capability, and sure ancillary companies.”
Shopping for extra electrical energy has develop into an more and more pressing problem for large expertise corporations resembling Meta, Microsoft Company and Alphabet’s Google. They’re all racing to develop extra superior synthetic intelligence techniques and instruments which are notoriously resource-intensive.
Meta filed the applying by way of a subsidiary, Atem Power. A consultant for Meta stated it was a logical step for the corporate to take part in vitality markets.
Atem was fashioned to behave as an influence marketer to promote vitality, capability and companies at wholesale within the US, in accordance with the submitting.
