Meta, like SpaceX, looks to turn excess AI compute into cash

Meta is developing a new cloud infrastructure business, aiming to sell access to artificial intelligence compute power and machine learning models. The move would position Meta in direct competition with Amazon Web Services, Google Cloud, and Microsoft Azure. According to TechCrunch, the social media company is looking to monetize its excess computing capacity and expand revenue beyond its core social media operations.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton