Meta cloud computing business ‘definitely on the table’, Mark Zuckerberg says – excess data center capacity could be used to enter the market
- A Meta-owned cloud business would be "definitely on the table"
- Continued data center expansion will fuel the firm's ongoing AI efforts
- All compute is allocated, but any future surplus could be sold on to customers
At its annual shareholders' meeting, Meta CEO Mark Zuckerberg has revealed that a cloud business could be "definitely on the table" as the company continues to build out its data center footprint to support AI programs.
If Meta were to go down the cloud computing route, it would have to go up against very established hyperscalers. Amazon's business already occupies a third of the market, and Microsoft and Google jointly own another third.
Zuckerberg ultimately noted that, if Meta ends up with a surplus of compute infrastructure as part of its ongoing AI efforts, it could sell or rent that extra capacity to external customers.
"Almost every week there are different companies that come...
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