The Great AI Pivot: What Meta's Cloud Business and OpenAI's Government Stake Really Tell Us
The Great AI Pivot: What Meta's Cloud Business and OpenAI's Government Stake Really Tell Us
Two Headlines, One Story
Let me connect some dots that the financial press is treating as unrelated events. On Wednesday, July 1, Bloomberg reported that Meta Platforms is building a cloud infrastructure business to sell excess AI computing power to outside customers. Meta's stock popped 9 percent on...