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Meta Sees Major Gains as AI Infrastructure Plans Come to Fore

Meta Sees Major Gains as AI Infrastructure Plans Come to Fore

Home/News/Meta Sees Major Gains as AI Infrastructure Plans Come to Fore

Meta Platforms Inc. reportedly plans to rent its artificial intelligence infrastructure to other companies. Sources told Bloomberg and CNBC today that the Facebook parent will sell excess capacity not used by its internal workloads. The news sent Meta’s shares 8.8% higher, while AI cloud provider Co

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