Meta is planning a move into cloud services that would see it sell excess AI compute capacity to third-party developers.

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 CEO Mark Zuckerberg says building a cloud business to lease AI computing power is 'definitely on the table,' with 2026 capex guidance at $115-135

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…