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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

Meta building cloud business to sell excess AI capacity, Bloomberg News reports - The Economic Times

US Stocks: Meta building cloud business to sell AI computing, says report; shares rise

Report: Meta plans cloud business to sell excess AI compute capacity

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Meta Rallies On Reported Plan To Launch AI Cloud Business

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.

Meta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing…

Meta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing…

The planned service would let developers access Meta-hosted AI models and raw computing capacity, part of a push to recoup…

The company is weighing plans like selling access to AI models on its infrastructure or letting customers buy compute in a model…