Meta Plans Cloud Business to Sell AI Computing Power
Meta is positioning itself as a direct competitor to the three dominant cloud providers by leveraging its massive data center capacity to sell AI compute and model access.
Reporting from 1 sources: GIGAZINE.
Meta is planning to enter the cloud infrastructure business, selling access to its AI computing power and AI models to external customers, according to a Bloomberg report. The move would put Meta in direct competition with AWS, Azure, and Google Cloud. Meta's stock rose 9.3% on the news, while competitors fell.
Meta is planning a new cloud infrastructure business that would sell AI computing power and access to its AI models to external customers, Bloomberg reported, citing sources familiar with the matter. The so-called 'neocloud' business would let Meta sell excess capacity from its data centers, including access to models like its own Muse Spark, charging developers access fees. A Meta spokesperson declined to comment.
Following the report, Meta's stock rose 9.3%, while competitors CoreWeave fell up to 14% and Nebius fell 17%. Analyst Madison Rezaei of Bernstein noted Meta already has 20 GW of capacity globally, with another 14 GW expected in coming years, making it comparable to existing cloud providers in scale. Meta CEO Mark Zuckerberg previously told investors that selling computing power 'is definitely an option' and that external companies regularly request access, though Meta was previously using that capacity for itself.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.