TL;DRMark Zuckerberg has publicly confirmed Meta is exploring an AI cloud business, saying selling compute “makes sense”, putting his name to the earlier-reported “Meta Compute” plan. It would pit Meta against AWS, Azure, and Google Cloud and threaten neoclouds like CoreWeave, Nebius, and IREN, which fell on the news, even as Meta remains one of their biggest customers. The move aims to monetise Meta’s $100bn-plus AI capex, though cloud is a lower-margin service business Meta has never run.
Mark Zuckerberg has publicly confirmed that Meta is exploring an AI cloud business. Selling access to computing power “makes sense”, he said, according to Bloomberg.
The confirmation puts the CEO’s name to a plan first reported earlier this month. Meta had been said to be weighing a venture, dubbed Meta Compute, to rent out its spare AI capacity.
The logic is straightforward. Meta is spending well over $100bn on AI infrastructure this year, and selling excess compute would turn a colossal cost centre into a revenue stream.
It would also break new ground for the company. Unlike Amazon, Microsoft, and Google, Meta has never sold cloud services to outside customers, and this would drop it into a market Goldman Sachs thinks could reach $2tn by 2030.
