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Meta is Opening a New Business Area Related To AI. Investors Are Elated.

  • Posted on July 1, 2026
  • By International Business Times
  • 0 Views
  • 1 min read
Meta is Opening a New Business Area Related To AI. Investors Are Elated.
Meta is Opening a New Business Area Related To AI. Investors Are Elated.

Meta Platforms shares soared more than 10% on Wednesday after a report that the social media giant is preparing to launch a cloud computing business aimed at selling excess artificial intelligence computing capacity.
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Author
International Business Times

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