Meta is developing a cloud infrastructure business, reportedly called Meta Compute, to sell excess AI computing capacity and models, positioning itself against providers like AWS, Google Cloud and Microsoft Azure. The company has committed roughly $182.9 billion to AI infrastructure, including large data centers in Louisiana and Ohio. The move mirrors the strategy SpaceX has taken with xAI and comes as Meta has seen limited commercial demand for its own consumer AI products. Meta shares rose sharply on the news, while shares of neocloud providers CoreWeave and Nebius fell.
