As a PC gamer, you'll be all too familiar with the sky-high prices of memory and storage components. To put it most simply, these frankly eye-watering price tags are largely due to big tech's major players buying up as much DRAM and flash chips as possible in order to fuel their AI ambitions. Well, that strategy may have backfired as some are now trying to figure out what to do with an excess of compute capacity.
Meta is moving into the cloud business in order to sell off its glut of AI compute capacity, according to Bloomberg this week. The plan is in its earliest phase, with those close to the matter claiming the company is still considering its approach.
