Report sent Meta's shares up 8.8 per cent in New York on July 1. Read more at straitstimes.com. Read more at straitstimes.com.

Meta shares soared nearly 9% Wednesday on a report that the company is wading into the business of selling cloud computing ...

Meta Platforms, Inc. signals excess compute capacity—could AI capex slow next? See the outlook for AI infrastructure, semis, and the AI bubble. Click for this update.

Meta could spin up its own cloud business to make use of the infrastructure investments it's made to train and run AI models, ...

Integrated QaaS offering combines Classiq’s quantum software platform technology with QAI’s datacenter infrastructure capabilities to enable secure, end-to-end quantum application development and broa ...

The new business is a welcome signal for some investors who have been uneasy about the company's infrastructure spending plans.

Bernstein anticipates that competition for CoreWeave will intensify over time, making the company’s business model ...

Meta Platforms is building a cloud infrastructure business called Meta Compute to sell AI computing power, challenging AWS, Azure, and Google Cloud.

Meta Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power and ...

Meta Platforms is building a cloud business to sell ⁠excess ⁠artificial intelligence computing capacity, Bloomberg News ...

Bloomberg reported that Meta is developing plans for a business that will sell cloud access to AI computing power and models. The new business would increase competition between M ...

The widespread adoption of cloud computing has significantly accelerated the ability to scale resources and perform system ...