MENLO PARK, California — Meta Platforms is planning a cloud computing business that would allow it to sell excess artificial intelligence computing capacity to outside customers, according to a Bloomberg News report, marking a potential expansion beyond its advertising-focused business and into a market dominated by established cloud providers.
The proposed initiative, which Meta has not publicly announced, would enable the company to generate revenue from the billions of dollars it has invested in AI infrastructure, including data centers and specialized chips. According to Bloomberg, the plans remain under development and could change before any formal launch. Reuters could not independently verify the report.
Bloomberg reported that Meta is considering offering developers access to AI models hosted on its own infrastructure, similar to services offered by major cloud providers, while also weighing the option of renting out raw computing capacity to customers seeking AI processing power.
The move would place Meta in more direct competition with established cloud computing businesses operated by Amazon, Microsoft and Alphabet, while also challenging specialized AI infrastructure providers such as CoreWeave and Nebius, which lease computing resources for AI applications.
Meta declined to comment on the report, according to Reuters.
The reported plans come as Chief Executive Mark Zuckerberg continues an aggressive push into artificial intelligence, backed by sharply higher capital spending on computing infrastructure. Meta has said it expects to spend as much as $145 billion on AI-related infrastructure this year as it seeks to develop advanced AI systems and expand its data center network.
Investors initially welcomed the report, with Meta shares rising about 10% after the news emerged, while shares of AI infrastructure companies including CoreWeave and Nebius fell as markets assessed the prospect of additional computing capacity entering the sector. Analysts said a cloud business could help Meta diversify revenue beyond digital advertising while improving returns on its substantial AI investments, though some questioned how effectively the company could compete with established cloud providers.
The reported strategy also reflects broader efforts across the technology industry to monetize massive AI infrastructure investments. Companies have committed hundreds of billions of dollars to expanding data center capacity and acquiring advanced AI chips as demand for generative AI services has accelerated.
Meta has not announced a timeline for any cloud service, and no official details on pricing, customers or product offerings have been disclosed.
