@profgmarkets: "This is very bad for the AI bubble" with @edzitron. Ed Elson: "Meta is reportedly planning a cloud business to sell its excess AI capacity. The company has poured billions into its AI infrastructure, and until now, Meta has maintained that all of those investments and the resulting compute capacity would be used for internal purposes. But clearly now, something has changed."

kourtney :

they don’t even know how to use the data centers they have

DHTaylor Analysis :

Time to buy lots and lots of put options on the AI bubble 👌

Mrs. Ripy River :

Anybody want a new brain?... No thanks I'm good!!!🤣🤣🤣🔥🔥🔥🔥🔥

Overwatch :

zukerbot is the most FOMO billionaire ever 🤣🤣🤣🤣 he just jump at everything and realize after billions wasted that it isn't a good idea... he changed his whole company and structured it for VR out of fomo... now built excessive datacenter capacity out of fomo... what's next? 🤣

Bill :

Meta and xAI are cooked.

saleaway00 :

why do they have excess capacity?

Dan the man :

I think of Meta I think of those glasses that nobody wants to wear

capkrunch021 :

Meta makes absolutely nothing I need. 98% of their revenues come from ad sales 🤦‍♂️

AgentK168 :

It just means meta will now make money off of AI. For example, you rent a huge apartment, and now you’re renting out the excess space/room so your own rent decreases. Meta’s AI investment is now reduced

TikTok Pete :

Meta could be competing with amazon AWS? It could be a stoke of genius

JerryJones2000 :

So Zuck is now copying SpaceX.

Atrabilaire :

Or it is a very smart move “professor” cause in a race when you see you can’t get on the podium then sell what the racers need.

BobbysWorld :

Matt :

This isn't bad for AI businesses in general. This is bad for Meta. This is them admitting that they cannot compete in that space the same way that SpaceX leased their spare compute to Anthropic.

Sebastian :

The robot isn't going to be happy 😏😏😏😏

Starseed :

I foking love this for them

Jesus Cervera :

In house

My Friend Jimi :

if you use all your gpus for training, and not so much for inference then you might as well rent them out

user6978684311540 :

They just announced their models caught up

Zack 🇦🇺 :

It looks like Anthropic made the right decision and they’ll be getting some cheap compute

I Luv Spam :

It’s a two horse race with Google in its own ecosystem. They can survive because they have the enterprise and consumer business to support themselves. Meta and xAi are done.

TheAIGuyATL :

this is a good idea

JRaine :

It’s over built

fr3klz :

the other play is they’re playing the slow game like apple

Lazy Days :

Shares went up. WTF. If they dont need it what does anyone else want it for ?