Meta considers cloud computing business if data center capacity exceeds needs, Zuckerberg says
By
Jonathan Vanian
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Summary
Meta CEO Mark Zuckerberg stated that the company is considering entering the cloud computing market if it builds excess data center capacity. Speaking at Meta's annual shareholder meeting, Zuckerberg acknowledged that companies have approached Meta asking to buy computing power or use its API services. This would put Meta in direct competition with cloud giants Amazon and Microsoft.
Key quotes
· 2 pulledIt's definitely on the table.
Almost every week there are different companies that come to us from outside asking us to both stand up an API service or asking if we have compute that they could buy from.
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