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Meta Is Quietly Building a Business to Sell Its Leftover AI Computing Power
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Meta Is Quietly Building a Business to Sell Its Leftover AI Computing Power
Bloomberg reports Meta is building a cloud business called Meta Compute to sell excess AI computing capacity, sending its stock up 8 percent. The move would put Meta in direct competition with AWS, Azure, Google Cloud and neoclouds like CoreWeave, a company it currently buys compute from.
Janet Harrison
4 min read
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Twelve Labs raises $100 million as Amazon bets its Trainium chips on video AI
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Revolut's UK banking licence turns a decade of hustle into a $115 billion bet
Anthropic Gets Its Most Powerful AI Models Back After an 18-Day Fight With Washington
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