Meta has poured hundreds of billions of dollars into data centers and AI chips.

July 1 : Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported on Wednesday citing people familiar with the matter. The move…

Meta stock drops 6% after announcing a boost in AI spending for 2026. Anthropic's valuation hitting $1.25T by December at 91.5% YES.

Meta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This strategic shift could lessen Meta's…

Meta has poured hundreds of billions of dollars into data centers and AI chips.