Meta Platforms CEO Mark Zuckerberg named Dina Powell McCormick president, vice chairman and co-leader of Meta Compute in January, after she resigned from Meta's board about a week following a December…
Meta launched Meta Compute on 1 July 2026 to sell surplus AI training and inference capacity, backed by its custom MTIA chips and a planned 2026 capital expenditure of $125 billion to $145 billion, in…
Meta Platforms announced on July 1, 2026, a new business unit called Meta Compute to sell surplus GPU and AI processing power to external clients, sending its stock up roughly 9%. The company plans $1…
Meta's stock surged 15% this week, its best since early 2024, after the company unveiled Meta Compute, a plan to sell AI computing capacity to external customers. The move aims to monetize Meta's mass…
Meta CEO Mark Zuckerberg is considering entering the cloud computing market by renting out excess capacity from the company's massive AI data center buildout, which could cost hundreds of billions of …