Meta Platforms, Inc. (META)[Tv]

Key Developments

• Meta secured a $27 billion multi-year infrastructure agreement with Nebius Group, including $12 billion in dedicated AI compute capacity and $15 billion in backstop financing, anchoring Nebius as a core supplier—especially in Europe—and de-risking Meta’s global AI scaling ambitions.
• Meta finalized a 1.2 GWe small modular reactor (SMR) power deal with Oklo Inc., marking a strategic commitment to secure carbon-free, reliable energy for its AI-driven data centers and positioning the company at the intersection of AI infrastructure and next-generation nuclear energy.
• Meta announced a $125–145 billion capital expenditure plan for 2026, signaling a full-scale industrial transformation centered on AI infrastructure, custom silicon, and massive data center expansion, cementing its role as a foundational player in the global AI supply chain.
• Meta secured a voluntary 30-day AI review framework from U.S. regulators, granting the company full control over the release of frontier AI models without mandatory preclearance—turning a key regulatory risk into a competitive advantage.
• Meta signed a binding 1.2-gigawatt power agreement with nuclear energy startup Oklo, reinforcing its commitment to energy independence and sustainability, while locking in long-term clean power to support exponential AI workloads.