Meta plans to monetize its AI investments by launching a cloud infrastructure business, offering compute power and models to compete with major providers like AWS and Google Cloud.
Meta's shares rose nearly 6% after the news
Jul 02, 2026
10:01 am
What's the storyMeta Platforms is planning to enter the cloud computing space by leasing out its excess artificial intelligence (AI) computing capacity, Bloomberg News has reported.
The move could reduce Meta's reliance on advertising revenue and help it compete with major cloud players such as Amazon, Microsoft, and Alphabet.
Meta, like SpaceX, looks to turn excess AI compute into cash | TechCrunch
Meta aims to monetise its AI infrastructure with new cloud offering
Meta building cloud business to sell excess AI capacity, Bloomberg News reports - The Economic Times
Meta plans cloud computing business called Meta Compute to offset massive AI spending
Meta shares jump 10% on plans to sell AI computing power
Meta plans AI cloud business to monetize excess compute capacity
Meta follows SpaceX's playbook and builds a cloud business to sell its spare AI compute to outside customers
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Meta building cloud business to sell excess AI capacity, Bloomberg News reports
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