- A meta-owned cloud company would “definitely be on the table”
- Continued expansion of the data center will fuel the company’s ongoing AI efforts
- All compute is allocated, but any future surplus can be sold on to customers
At its annual shareholder meeting, Meta CEO Mark Zuckerberg has revealed that a cloud business “could definitely be on the table” as the company continues to expand its data center footprint to support AI programs.
If Meta were to go down the cloud computing route, it would have to go up against very established hyperscalers. Amazon’s business already takes up a third of the market, and Microsoft and Google jointly own another third.
Zuckerberg ultimately noted that if Meta ends up with excess computing infrastructure as part of its ongoing AI efforts, it could sell or lease the extra capacity to external customers.
“Almost every week we have different companies coming to us from the outside asking us to either set up an API service or ask if we’ve calculated that they could buy from us at a higher price than what we’ve bought it for,” he added.
Although the company does not currently sell cloud to customers, it continues to spend heavily on artificial intelligence. AI-related investments for 2026 are now estimated to be between $125 billion and $145 billion. That’s just a touch behind the investment estimates for Google parent Alphabet ($175 billion to $185 billion), Microsoft ($190 billion) and Amazon ($200 billion).
Zuckerberg explained that the reason Meta hasn’t yet launched its own cloud compute is that it currently needs all the capacity it’s set to build, but that the company is confident of continued investment because if it didn’t need all that capacity, it could eventually sell it on to customers.
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