Key facts
- Meta Platforms is reportedly developing a cloud business.
- The cloud business would offer surplus AI compute capacity to external customers.
- CEO Mark Zuckerberg confirmed the venture is 'on the table'.
- Meta is investing heavily in AI infrastructure.
- The company is building out significant AI hardware capabilities.
- Meta is acquiring thousands of AI chips.
Meta Platforms is reportedly exploring the creation of a cloud business that would allow it to sell its excess Artificial Intelligence (AI) compute capacity to external clients. CEO Mark Zuckerberg has confirmed that such a venture is currently 'on the table.' This potential move comes as Meta continues to make substantial investments in its AI infrastructure. The company is building out significant AI hardware capabilities, including thousands of AI chips, to power its various AI initiatives. By offering its surplus compute power, Meta could potentially monetize these investments and create new revenue streams. This strategy would position Meta to compete in the growing cloud computing market, particularly in the specialized area of AI-specific cloud services. The development signifies a strategic shift for Meta, aiming to leverage its internal AI resources for external commercial purposes.