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

Reuters

Wed, July 1, 2026 astatine 7:52 AM CDT 1 min read

July 1 (Reuters) - Meta Platforms is gathering a unreality concern to merchantability excess AI computing capacity, Bloomberg News reported ‌on Wednesday citing radical acquainted with the matter.

The determination ‌could trim Meta's reliance connected advertizing gross and assistance it instrumentality connected large unreality ​companies, including Amazon, Microsoft and Alphabet.

Shares of the institution were up astir 6% successful premarket trading.

Meta did not instantly respond to a petition for comment. Reuters could not independently verify the report.

One enactment nether ‌consideration is offering customers ⁠access to AI models hosted connected Meta's existing infrastructure, akin to Amazon Web Services' Bedrock platform, the ⁠report said.

Meta CEO Mark Zuckerberg had said earlier this twelvemonth that the institution could participate the unreality computing concern if it overspends connected ​data ​centers and has excess capacity.

Big Tech ​firms are expected to ‌spend much than $700 cardinal connected AI infrastructure this year, up from astir $400 cardinal successful 2025.

"It's decidedly connected the table," Zuckerberg said astatine Meta's yearly shareholder gathering successful May, adding that "almost each week," different companies approached Meta asking it to merchantability them entree to its ‌AI models the mode unreality providers ​do oregon looking to bargain its spare ​computing capableness astatine a ​premium.

"We haven't done that yet, due to the fact that we deliberation that ‌we person a usage for ​the compute. But ​obviously, if we get to a constituent wherever we consciousness that we person overbuilt, past that is an enactment that ​we have, and that ‌is partially what gives america assurance successful investing successful ​building this out."

(Reporting by Anhata Rooprai and Aditya Soni ​in Bengaluru; Editing by Jonathan Ananda)