$Meta Platforms(META.US)
BREAKING: Meta is in talks to rent computing capacity to Anthropic in a deal worth up to $10B over 2 years, as per the New York Times.Meta went down today on news that they hired a senior AWS executive to help build their cloud division. Why? Because it was confirmation that they are doubling down on capex and selling compute, which means their FCF will take a hit. Ironically, the semis should have been up on this news but the Kimi K3 headlines have kept them down.Now, Meta is slightly reversing on this headline about selling compute to Anthropic…which begs the question…if the market is happy about Meta selling compute to a big lab, why are they upset about Meta spending more on capex in order to build that compute business?Tons of weird narratives conflicting with each other, but it looks like META is officially getting into the neocloud game.Source: amit
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments