Meta has spent billions building out AI data centers — and now it wants to turn that infrastructure into a revenue stream. Bloomberg reports that Meta is developing plans for a cloud infrastructure business, reportedly dubbed "Meta Compute," that would sell access to both AI compute power and AI models.
The move would pit Meta directly against the three dominant cloud providers: Amazon Web Services, Google Cloud, and Microsoft Azure.
Following SpaceX's Playbook
Meta's decision comes weeks after SpaceX, via its xAI division, signed a deal with Anthropic to buy out all compute capacity at SpaceX's Colossus 1 data center. SpaceX has since signed similar leases with Google and Reflection AI.
"The fact that Meta is doing the same is a signal that the winners of the AI race may not be the ones providing the best models and services, but rather the ones who own the data centers," the report notes.
Massive Infrastructure Investment
As of the end of Q1, Meta had committed $182.9 billion to AI infrastructure in the coming years, including massive projects in Louisiana and Ohio. The Ohio project, which Mark Zuckerberg said would be the size of Manhattan, is expected to come online this year.
Unlike Google and OpenAI, Meta hasn't yet seen significant standalone revenue from its AI models. The company doesn't break out revenue from Meta AI or Llama in its earnings. To get a return on its colossal spend, Meta may copy CoreWeave's business model and sell access to "raw" compute capacity. It's also considering selling access to AI models hosted on its infrastructure — including its recently launched closed-weight model, Muse Spark.
The new initiative will be led by head of infrastructure Santosh Janardhan, Meta Superintelligence Labs leader Daniel Gross, and president Dina Powell McCormick. The report confirms Zuckerberg's May statements that a Meta cloud computing business is "definitely on the table."
