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.

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 ...

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 ...

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, ...

A reported plan to sell surplus computing power would put Meta up against AWS, Google Cloud and Azure, and give investors a reason to look past its spending. Meta has spent two years buying every ...

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While building a simpler model for particle interactions, physicists found a new representation involving pi—not a new value for pi, and not a replacement for the one you learned in school.

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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 ...

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 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 ...