Australian enterprises remain dependent on foreign technology infrastructure, while major economies treat that dependency as a strategic liability.

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Zuckerberg confirmed outside companies are already asking to buy Meta's compute, turning a $130 billion capex burden into a potential cloud revenue line. AWS, Azure, and Google Cloud hold combined ...

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.

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 Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power and ...

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Indications are that Meta admitted to having an excess compute capacity, and this is the first hyperscaler to admit so, with more likely to follow. The implications are a reduced or stalled AI capex, ...

Google has placed limits on how much of its Gemini AI capacity Meta is allowed to buy, after Meta sought more computing power than Google could supply — a restriction the Financial Times reported on ...

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 ...

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 ...