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Meta Platforms Inc. reportedly plans to rent its artificial intelligence infrastructure to other companies. Sources told Bloomberg and CNBC today that the Facebook parent will sell excess capacity not used by its internal workloads. The news sent Meta’s shares 8.8% higher, while AI cloud provider Co
The debut adds to signs that investor appetite for companies supporting the AI buildout remains robust, as hyperscalers and technology firms pour billions into expanding data centers to meet soaring demand for AI computing.
The AI industry is entering a phase where the race for more capable models is taking a back seat to the economics of building and deploying AI infrastructure. This has resulted in a focus on application modernization as enterprises continue to invest in autonomous technologies. Developers play a key
The partnership will fund EU AI hardware and data centres, and launch aiUSX, a yield asset that puts companies’ idle AI cash to work as infrastructure lending. Building sovereign AI in Europe takes chips, and chips take capital. TensorX and Solstice said they would supply the second to help buy the
Amazon’s latest India investment comes as global tech companies race to expand AI infrastructure in the country.
The four contracts, all with U.S.-based technology providers running AI applications, are expected to start in the first half of 2027 and require nearly A$369.5 million in capital expenditure, primarily for high-performance Nvidia GPUs, network and storage infrastructure.
