Meta Compute

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 …