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Meta’s profit falls 14% as AI spending continues
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The Indian Express
Much of that investment will go to building data centers, the computing facilities that power AI.
He added that “potentially selling compute directly,” which refers to computing power, could be a new business opportunity.
Story continues below this adZuckerberg previously said Meta was considering selling computing power from its data centers to other companies.
Unlike Google, Amazon and Microsoft, which are also spending on AI data centers, Meta is without a business that lets companies rent computing power and AI tools.
People think AI spending “is supposed to slow down, but who’s going to be the first company to blink?”