Meta to sell excess compute, like SpaceX
Meta has spent billions on AI and data centers. Now it plans to launch a cloud infrastructure business, selling AI compute and models, competing with AWS, Google Cloud, and Azure.
Meta has spent billions of dollars developing AI and building out data centers to support it. But now, the company may be preparing to put those data centers to a more immediately profitable purpose.
On Wednesday, Bloomberg reported that Meta is developing plans for a cloud infrastructure business, selling access to both AI compute power and models. The move would pit it against the big cloud providers like Amazon Web Services, Google Cloud, and Microsoft Azure.