Meta Plans to Sell AI Compute Power, Taking On AWS, Google, and Azure

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Meta is working on plans to launch a cloud infrastructure business that would monetize its surplus AI computing capacity. The company intends to sell access to both AI compute power and its AI models to external customers. This strategy mirrors a similar approach taken by SpaceX, which also sought to commercialize excess computing resources. If realized, the move would place Meta in direct competition with established cloud giants including Amazon Web Services, Google Cloud, and Microsoft Azure.

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Venice AI hits unicorn status with $65M Series A, posts $70M run-rate revenue

Venice AI has raised $65 million in a Series A funding round, pushing its valuation to unicorn status above $1 billion. The privacy-focused AI platform is already profitable, according to CEO Erik Voorhees. The company has achieved annualized run-rate revenues exceeding $70 million, signaling strong early commercial traction. Venice AI distinguishes itself by prioritizing user privacy as a core feature of its platform. The funding round marks a significant milestone as privacy-first AI solutions gain growing interest among users and investors.

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Sony to halt physical PlayStation game disc production by 2028

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Netflix Wonka Show Draws Criticism Over AI Recreation of Gene Wilder's Voice

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