After xAI, Meta eyes AI compute rentals to rival AWS, Google Cloud and Azure

Over the years, Meta has funnelled billions of dollars into developing artificial intelligence and building the data centre infrastructure needed to support it. As demand for AI computing continues to surge, technology companies are increasingly looking to monetise their infrastructure investments.

According to Bloomberg, Meta is now exploring plans to launch a cloud infrastructure business that would offer customers access to both AI computing power and its AI models. If the plans move forward, the company would compete directly with major cloud providers such as Amazon Web Services, Google Cloud and Microsoft Azure.

The move follows a similar strategy adopted by xAI. Earlier this year, the Elon Musk-led AI company signed a deal with Anthropic to lease the entire compute capacity of its Colossus 1 data centre. xAI has since entered into similar agreements with companies including Google and Reflection AI, underscoring the growing demand for high-performance AI computing infrastructure.

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By the end of the first quarter, Meta had committed to spending nearly $183 billion on AI infrastructure over the coming years, including large-scale data centre projects in Louisiana and Ohio. CEO Mark Zuckerberg recently said the Ohio facility would be roughly the size of Manhattan and could begin operations later this year.

Despite its aggressive investment, Meta has yet to turn AI into a significant standalone revenue stream, unlike rivals such as Google and OpenAI. According to Bloomberg, the company is now exploring ways to monetize its infrastructure by offering customers access to AI computing capacity and hosted AI models, mirroring the approach taken by CoreWeave. The initiative, internally known as Meta Compute, is reportedly being led by infrastructure chief Santosh Janardhan, Meta Superintelligence Labs head Daniel Gross and company president Dina Powell McCormick.