Meta enters the cloud business... Semiconductors stumble due to concerns over oversupply
⚡ Quick Summary
The Meta logo at Meta Lab in Los Angeles, USA. It has been reported that Meta, a Reuters news platform company, is considering a cloud infrastructure business that sells its computing resources to external parties.
The Meta logo at Meta Lab in Los Angeles, USA. It has been reported that Meta, a Reuters news platform company, is considering a cloud infrastructure business that sells its computing resources to external parties. This is interpreted as a measure to allay concerns about the monetization of artificial intelligence (AI). Stock prices of U.S. semiconductor companies also weakened due to concerns that demand for AI infrastructure such as semiconductors may not be as strong as expected. Bloomberg reported on the 1st (currently...
← Back