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

> Source: <https://ca.finance.yahoo.com/news/meta-sell-excess-ai-computing-125201851.html>
> Published: 2026-07-01 12:52:01+00:00

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)