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[ARTICLE · art-46666] src=ca.finance.yahoo.com ↗ pub= topic=ai-infrastructure verified=true sentiment=↑ positive

Meta to sell excess AI computing capacity via cloud business, Bloomberg News reports

Meta Platforms is building a cloud business to sell excess AI computing capacity, according to a Bloomberg News report. Shares of the company rose over 6% in premarket trading following the news.

read1 min views1 publishedJul 1, 2026
Meta to sell excess AI computing capacity via cloud business, Bloomberg News reports
Image: Ca (auto-discovered)

July 1 (Reuters) - Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported on Wednesday citing people familiar with the matter.

Shares of the company were up more than 6% in premarket trading. Reuters could not independently verify the report.

(Reporting by Anhata Rooprai in Bengaluru; Editing by Jonathan Ananda)

source & further reading
ca.finance.yahoo.com — original article Big Tech's first half was a story of hardware versus software TSMC is AI's 'quintessential trendsetter': Strategist shares top 2 tech stock picks AI has 3 important roles in the wine industry, but 'the sky's the limit': Duckhorn CEO
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