Categories: Technology

Meta building cloud business to sell excess AI capacity, Bloomberg News reports

July 1 (Reuters) – Meta Platforms is building a cloud business to sell excess artificial intelligence computing capacity, Bloomberg News reported on Wednesday, as tech giants seek returns…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: July 1, 2026 21:00:06 IST

July 1 (Reuters) – Meta Platforms is building a cloud business to sell excess artificial intelligence computing capacity, Bloomberg News reported on Wednesday, as tech giants seek returns on costly AI

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: July 1, 2026 21:00:06 IST

Recent Posts

"War benefits no one": 117 prominent citizens from India and Pakistan urge PMs to resume dialogue

New Delhi [India], July 2 (ANI): In a major civil society push to bridge the…

July 2, 2026

'47 Ronin' director Carl Rinsch gets 30-month prison sentence in fraud case, Keanu Reeves extends support

Los Angeles [US], July 1 (ANI): Filmmaker Carl Rinsch, best known for directing Keanu Reeves…

July 2, 2026

Critical minerals push needs faster execution, more recycling: Industry leaders

Delhi [India], July 1 (ANI): India needs to accelerate critical mineral development through faster mining…

July 2, 2026