Meta to sell excess AI computing capacity via cloud business, Bloomberg News reports
People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas
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July 1 : Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported on Wednesday citing people familiar with the matter.
Shares of the company were up more than 6 per cent in premarket trading. Reuters could not independently verify the report.
Source: Reuters
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