Meta and Cloud Computing to Progress The stock recorded a remarkable rise of about 9% as trading closed on Wednesday.
The aim of this step is to take advantage of its surplus computing capabilities.
He also presented it to companies and institutions looking for a strong infrastructure to run AI applications.
This approach came within the framework of Meta’s strategy to maximize the return from its huge investments in artificial intelligence.
After raising its capital expenditure during the current year to about $145 billion.
According to a report published by Bloomberg, Meta is considering more than one option to offer its services.
It can allow customers to run a company’s AI models on its infrastructure.
Or it is enough to lease the surplus computing power to companies that want to operate their own models.
Rising Competition in Artificial Intelligence
The move comes weeks after SpaceX’s subsidiary xAI adopted a similar strategy.
It is based on generating revenue from computing infrastructure.
Analysts say the shift reflects a new phase in the AI race.
Competition is no longer limited to the development of intelligent models.
Rather, infrastructure, data centers, and computing capabilities have become key elements that give the companies that own them a competitive advantage.
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