OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit44m ago 10 of the scariest AI villains in movie history45m ago Maven Robotics wants to steal your robot deployment deal47m ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford49m ago Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges56m ago 7 Steps to Become a Forward Deployed Engineer in 20261h ago Ramp eyes $60bn valuation three months after $44bn, Bloomberg reports1h ago D-Matrix Connects Raptor XPUs to NVIDIA AI Factories via NVLink Fusion2h ago Andrew Tulloch, Poster Child for Out-of-Control AI Spending, Reportedly Quits Meta2h ago Mother Horrified When Instagram’s AI Scours Social Media for Invasive Information About Her Young Daughters2h ago Salesforce Unveils Six-Capability Trusted AI Harness for Enterprises2h ago US closes $1.9bn loan to restart the Iowa nuclear plant powering Google2h ago OpenAI Gives US Agencies 50% Off Models, Ending $1 Per Year Deal2h ago 47,000 job listings reveal the engineering roles that AI is creating2h ago

OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit44m ago 10 of the scariest AI villains in movie history45m ago Maven Robotics wants to steal your robot deployment deal47m ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford49m ago Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges56m ago 7 Steps to Become a Forward Deployed Engineer in 20261h ago Ramp eyes $60bn valuation three months after $44bn, Bloomberg reports1h ago D-Matrix Connects Raptor XPUs to NVIDIA AI Factories via NVLink Fusion2h ago Andrew Tulloch, Poster Child for Out-of-Control AI Spending, Reportedly Quits Meta2h ago Mother Horrified When Instagram’s AI Scours Social Media for Invasive Information About Her Young Daughters2h ago Salesforce Unveils Six-Capability Trusted AI Harness for Enterprises2h ago US closes $1.9bn loan to restart the Iowa nuclear plant powering Google2h ago OpenAI Gives US Agencies 50% Off Models, Ending $1 Per Year Deal2h ago 47,000 job listings reveal the engineering roles that AI is creating2h ago

Business & Enterprise3 min reading time

Zuckerberg confirms Meta is eyeing an AI cloud business to rent out its compute

The Next WebPublished Jul 9, 2026

Mark Zuckerberg confirmed Meta's plan to launch 'Meta Compute,' an AI cloud service renting out its excess compute capacity. This move aims to monetize Meta's $100bn AI infrastructure investment and compete with AWS, Azure, and Google Cloud. The announcement caused Meta's shares to rise and neocloud providers like CoreWeave to drop, highlighting the competitive impact.

More on this story

Meta spent a year being punished for its AI spending. Then it told investors how it would get the money back.
Jul 12· The Next Web

#ai-cloud #coreweave #mark-zuckerberg #meta #meta-compute #mtia-chips

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