Meta reportedly building its own cloud business to compete with Amazon and Google

Meta is reportedly planning to sell its server infrastructure as a cloud computing service, according to new reports. The move would place it in direct competition with Amazon Web Services and Google Cloud, the two dominant players in the market. It represents another step by Meta to diversify its revenue streams beyond social media advertising.

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📈 Business Google Cloud customers spending 50% more than committed, segment beats expectations CNBC · 4d ago 📈 Business Meta enters cloud computing sales; markets await US jobs report Bloomberg · 25d ago 💻 Technology Meta eyes cloud computing pivot as Wall Street splits on AI strategy outlook MarketWatch · 26d ago

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📈 Business Google Cloud customers spending 50% more than committed, segment beats expectations CNBC · 4d ago 📈 Business Meta enters cloud computing sales; markets await US jobs report Bloomberg · 25d ago 💻 Technology Meta eyes cloud computing pivot as Wall Street splits on AI strategy outlook MarketWatch · 26d ago