Meta plans to sell excess AI capacity through new cloud business, mirroring SpaceX strategy
Meta is developing a cloud infrastructure business to sell access to AI compute power and models, directly challenging AWS, Google Cloud, and Microsoft Azure. The initiative, dubbed Meta Compute, aims to monetize the company's massive AI infrastructure investments as demand for its own AI models lags behind competitors. The move follows SpaceX's similar strategy of leasing data center capacity to companies like Anthropic and Google.