Meta Rallies On Reported Plan To Launch AI Cloud Business

Licensing

09:17 AM ET 07/01/2026

Meta (META) rallied early Wednesday on a report that the tech giant plans to sell access to its AI cloud infrastructure. Meta stock jumped more than 7% premarket. The Facebook parent is planning to give business clients access to its massive and expanding AI data center infrastructure, according to Bloomberg. The move marks a major move in enterprise tech, pitting…