Meta is reportedly developing its own cloud computing service, according to information circulating in specialized media. This move would allow the company to leverage the significant investments it has already made in infrastructure to train and run its artificial intelligence models.
Traditionally, Meta funded its bets on smart glasses and virtual reality with the revenue from its advertising business. Now, selling cloud infrastructure could become an important new source of revenue.
If realized, this would place Meta in direct competition with industry leaders like Amazon Web Services and Google Cloud, and even with the recent player SpaceX.
Opportunities in the AI Market
The cloud business that Meta plans could include several services. Among them, offering access to its AI models running on its own infrastructure or renting the computing power of its data centers to other companies that need to train their algorithms.
This strategy would help recover part of the investment in its ambitious AI plan. The company has already committed to allocating about $600 billion in the United States by 2028 for these developments.
