Meta Eyes Cloud Revenue: Reported Plan to Sell Compute Sparks Stock Jump

Meta Platforms reportedly plans to launch a cloud computing business to sell excess data-center capacity to third-party customers, potentially hosting AI models and charging developers—an attempt to diversify away from advertising. The Bloomberg report sent META stock up about 11% in morning trading. CEO Mark Zuckerberg had previously teased the idea of selling compute, but Meta has not confirmed active plans. If pursued, the move could help offset AI-spending concerns and broaden revenue streams amid investor scrutiny of Meta’s AI investments.