Meta wants to rent out its spare AI compute, and Wall Street likes the idea

A reported plan to sell surplus computing power would put Meta up against AWS, Google Cloud and Azure, and give investors a reason to look past its spending. Meta has spent two years buying every scrap of AI computing power it can lay hands on. Now it appears to be working out how to sell […] This story continues at The Next Web

This story was reported by The Next Web. EUROPES curates Europe's most relevant coverage — read the full report at the original source.