Its own AI model running late, Meta wants to sell cloud and compute
India Today – Top Stories
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Summary
Mark Zuckerberg had big ambitions for Meta's AI business. Billions of dollars have been poured into the effort, top AI researchers have been hired, rivals have been aggressively poached for talent, and the company has spent years trying to catch up in the generative AI race. But despite all that investment, Meta is still struggling to establish itself alongside industry leaders such as Anthropic or OpenAI. Now, the Facebook parent appears to be looking for another way to make money from its AI ambitions by renting its artificial intelligence infrastructure. According to a Bloomberg report, Meta is considering turning its AI infrastructure into a cloud business by letting other companies rent its computing power, even as its own flagship AI model faces delays and remains unavailable to developers. The report says Meta is weighing two options. One would let developers access AI models hosted on Meta's infrastructure and pay only for the computing power they use, similar to Amazon Web Services' Bedrock platform. The other would see Meta rent out its spare AI computing capacity, putting it in direct competition with AI cloud providers such as CoreWeave, as well as cloud giants including Amazon Web Services, Microsoft Azure and Google Cloud. The reported cloud business is expected to operate under an internal project called Meta Compute, which manages the company's growing AI infrastructure According to the report the strategy is still under discussion and could change. The delay has raised questions about whether Meta can catch up with rivals despite spending billions of dollars on AI talent and infrastructure.
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Its own AI model running late Meta wants to sell cloud and compute
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