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Barchart
Barchart
Aditya Raghunath

Mark Zuckerberg Doubles Down on Raw Computing Power to Challenge AWS and Microsoft. What That Means for META Stock.

Mark Zuckerberg has spent the better part of two years telling investors that Meta Platforms (META) would rather own too much computing capacity than too little. Now that bet looks like it is turning into an actual business plan.

Meta is quietly building out a cloud computing division that would sell spare AI computing power and access to its own models to outside companies, according to a Bloomberg report.

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