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July 1 : Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported on Wednesday citing people familiar with the matter.Shares of the company were up more than 6 per cent in premarket trading. Reuters could not independently verify the report.
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Meta planning cloud business to sell AI computing power: Sources

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July 1 : Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported on Wednesday…

Report sent Meta's shares up 8.8 per cent in New York on July 1. Read more at straitstimes.com. Read more at straitstimes.com.

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