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

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

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. 

Originally reported by TechCrunch. Read the full story at the original source.