Meta Platforms, Inc.
(NASDAQ:META) stock ticked up less than half a percent in Thursday's premarket session as investors analyzed reports that the tech giant plans to monetize its artificial intelligence infrastructure.
Nasdaq futures are down 0.15% while S&P 500 futures have gained 0.07%.
The quiet trading followed a strong Wednesday session where Meta shares closed nearly 9% higher.
The market movement follows reports that the Facebook parent is developing an internal initiative called "Meta Compute." The program aims to generate revenue from excess AI computing capacity by renting raw compute to external businesses.
