Meta Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, setting up a new vector of competition with industry leaders like ...

Meta shares popped on news that the company is building out a new cloud business. The company will sell its excess computing power to outside customers, CNBC confirmed. The new business is a welcome ...

Meta Platforms (META) shares jumped more than 10% in early trading on Wednesday after Bloomberg reported it is building a cloud business for excess artificial intelligence compute. The company is ...

Meta has spent billions of dollars developing AI and building out data centers to support it. But now, the company may be preparing to put those data centers to a more immediately profitable purpose.

July 1 (Reuters) - Meta Platforms (META.O), opens new tab is building a cloud business to sell excess artificial intelligence computing capacity, Bloomberg News reported on Wednesday, as tech giants ...

First came Anthropic, then Google. Now, open source AI startup Reflection is tapping SpaceX for its abundant source of AI chips. Reflection AI will pay $150 million a month beginning July 1, 2026 ...

SpaceX has signed a major computing power deal with Reflection AI for access to Nvidia GB300 chips at Elon Musk’s Colossus 2 data center. The open-source AI startup will pay Musk's company $150 ...