Meta’s Zuckerberg Says Exploring AI Cloud Business Makes Sense
Meta CEO Mark Zuckerberg is evaluating whether to rent out portions of the company's proprietary artificial intelligence infrastructure to other businesses. While Meta currently directs its massive computing resources toward internal product development, the high market demand for AI hardware has prompted the firm to consider the potential profitability of becoming a cloud provider.
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- BBloomberg Technology↗Kurt Wagner, Riley GriffinJul 9