Meta has spent tens of billions of dollars building AI infrastructure. Now it wants to start charging other people to use it.
The company is developing a cloud computing business internally called Meta Compute, which would rent out excess AI computing capacity and provide hosted access to its AI models. The initiative, first reported by Bloomberg, represents Meta’s most direct attempt yet to turn its enormous capital expenditures into a standalone revenue engine.
Investors seem to like the idea. Meta’s stock surged nearly 9% on July 2, the day after the news broke.
From cost center to profit center
Meta Compute could offer API access to advanced models like the closed-weight Muse Spark, letting businesses tap into Meta’s AI capabilities without building their own infrastructure. Customers might also be able to lease raw computing power on a usage basis, similar to what neocloud providers already offer.
