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deep tech CloudTech July 02, 2026

Meta weighs AI cloud business to sell excess compute capacity

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Meta Platforms is developing plans for a cloud infrastructure business that would sell access to AI computing power and models, Bloomberg reported, citing people familiar with the matter. CNBC later reported that Meta plans to sell excess computing power to outside customers. The business would compete with Amazon Web Services, Microsoft Azure, Google Cloud, and […] The post Meta weighs AI cloud business to sell excess compute capacity appeared first on Cloud Computing News .

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