dead It plans a cloud infrastructure business that will sell computing power/access to AI models.
That’s according to A a report Wednesday (July 1) by Bloomberg News, which says the move will put Meta in greater competition with cloud leaders such as Amazon Web Services, Google Cloud and Microsoft Azure.
Meta is already seeking to secure infrastructure for its own AI projects, and is now forming a company to generate revenue from surplus computing power sold to outside customers, sources familiar with the matter told Bloomberg.
PYMNTS has reached out to Meta for comment but has not yet received a response.
According to a Bloomberg report, sources say one possible plan would include providing access to various AI models hosted on Meta’s existing AI infrastructure, similar to what AWS does with its partners. Foundation stone. Meta will run the data centers and chips that run the models, and charge developers a fee to access them.
In addition, Meta is also considering a plan to sell access to “raw” computing capacity, similar to what the “new cloud business” likes. CoreWeave The sources said that the offer. The project falls under the umbrella of Meta Compute, an internal initiative to develop and oversee the company’s AI infrastructure efforts, one of the sources said.
In other AI news, PYMNTS recently wrote about… Price adjustments Meta and other tech giants are rising amid a slowdown in consumer and enterprise usage.
“Consumer price cuts come along with a structural problem. Anthropic This report said that Claude Code’s $200 plan gives developers 20x the usage of the base layer.
“Premium users on this plan can consume $600 to $1,500 worth of compute at the API price for a flat monthly fee…” PYMNTS added. “AI companies are driving down prices at the consumer level while simultaneously absorbing the cost of extensive usage.”
This report added that Meta’s decision to start offering paid subscriptions “intensifies the competitive picture.” The Facebook owner has spent decades expanding on the ad-supported free access model. Testing of the paid AI layer suggests that it sees limits to what ads alone can fund. As shown here, Meta is too Looking A $199.99 premium tier for its Hatch AI agent, which would put it right alongside Anthropic and OpenAI at the peak of the market.
Research by PYMNTS Intelligence shows this more than 60% of US consumers used dedicated AI platforms in the past year. Among Gen Z and power users, use of dedicated AI platforms as a first stop for everyday tasks rose 36% and 28% in one month.
“This acceleration in usage is exactly what makes it difficult to maintain stable consumer prices,” PYMNTS wrote.
