Bloomberg reoprts Meta is folloiwng the xAI/SpaceX path to becoming a neocloud
* Meta Platforms Inc. is developing plans for a cloud infrastructure business to sell access to AI computing power and models, competing with industry leaders like Amazon Web Services and Google Cloud.
* The company is considering selling access to various AI models hosted on its existing AI infrastructure, as well as "raw" computing capacity, as part of its Meta Compute initiative.
* Meta's plans to generate revenue from excess computing power could help return its investment in AI infrastructure, which includes hundreds of billions of dollars spent on data centers and expensive chips.
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