Meta Platforms has also entered the cloud discussion, although it does not broadly sell cloud infrastructure to outside businesses. During the company’s annual shareholder meeting, CEO Mark Zuckerberg said a move into the public cloud market is “definitely on the table” if Meta builds more computing capacity than it needs.
Zuckerberg said companies contact Meta each week about API services or buying compute capacity at a premium. Still, he expressed doubt about moving too soon. “We haven’t done that yet because we think that we have a use for the compute,” he said.
Meta has raised its 2026 AI-related capital spending forecast to between $125 billion and $145 billion. That spending shows how aggressively major technology companies are . However, investors have also questioned when Meta will turn those investments into clearer AI revenue.
Meanwhile, Amazon, Google, Meta, and Microsoft have joined the Data Center Innovation Initiative, backed by Elemental Impact. The program plans to invest between $500,000 and $5 million per project in up to 10 startups by the end of 2027.
The initiative will focus on clean power storage, energy-efficient systems, cooling technology, and low-carbon building materials. It comes as AI data centers face public concern over electricity use, water demand, pollution, noise and rising utility bills. As a result, investors are watching revenue growth alongside the rising cost of building and powering AI infrastructure.
Also Read:
