Meta Platforms may soon enter the cloud computing business, according to comments made by CEO Mark Zuckerberg during the company’s annual shareholder meeting.
When asked whether Meta plans to compete with cloud giants like Amazon and Microsoft, Zuckerberg said the idea is “definitely on the table.”
Cloud computing services provide companies with servers, data storage, and computing power needed to run apps and AI systems. Popular AI tools like OpenAI’s ChatGPT and Google’s Gemini rely heavily on cloud infrastructure.
According to Zuckerberg, many companies are already approaching Meta to buy computing power or use its AI infrastructure.
He said several firms have asked Meta whether they can purchase extra computing capacity from the company.
At present, Meta is the only major AI company without its own public cloud business. Companies like Amazon, Microsoft, and Google already dominate the market through services such as AWS, Azure, and Google Cloud.
Zuckerberg said Meta currently does not have extra cloud capacity to sell, but if the company builds more infrastructure than it needs, entering the cloud business could become an option.
Meta is heavily investing in artificial intelligence and plans to spend between $125 billion and $145 billion this year on AI-related infrastructure and projects.
The company is also preparing to test premium subscription plans for Meta AI in selected markets.
At the same time, Meta has reduced costs in other areas. Earlier this year, the company cut around 8,000 jobs and reassigned nearly 7,000 employees to AI-focused teams. It also closed about 6,000 open positions.
Despite the cuts, Zuckerberg has said Meta is not planning any more layoffs this year.
As demand for AI tools continues to grow worldwide, companies are racing to build larger data centres and stronger computing systems, making cloud infrastructure one of the biggest battlegrounds in the tech industry.
