Meta's (META) investment values the data-labeling AI startup at over $29 billion, that company said in a blog post on Thursday, while Bloomberg reported that the cost of Meta's investment in Scale AI ...

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant. The move ...

The companies signed a 17-year Power Purchase Agreement (PPA) to supply AWS with 1.92GW of energy from the 2.5GW Susquehanna ...

The companies argue that the 0.05% fee on their annual global net income is excessive and based on flawed calculations.

Aging plants in Illinois, New York, New Jersey and other states with expiring nuclear subsidy programs may turn to deep-pocketed tech companies for relicensing and operating support, ClearView Energy ...

Shares of Talen Energy Corp. (TLN) surged 7.73% to $274.82 on Wednesday after the company entered into a power purchase ...

U.S. utility Talen Energy announced on Wednesday an expanded nuclear energy partnership with Amazon.com to supply up to 1,920 ...

Big tech’s recent embrace of nuclear power highlights a shared strategic challenge between AI firms and energy providers: ...

New research reveals a massive planned expansion of gas-fired electrical generation to power artificial intelligence and ...

The old saying “sell in May and go away” turns out to have been poor advice, at least over the course of the past month. In the month of May, the S&P 500 surged 6.2%, moving back to within spitting ...