Meta stock turns positive on the year on data center plans, new AI model pricing
AI companies have repeatedly told shareholders that they are resource constrained on AI, and need more computing capacity to keep up with customer demand. If Meta grabs a slice of the cloud computing market, it could provide a hot, new revenue stream outside of its advertising business. In addition to the potential data center business, Meta on Thursday announced its Muse Spark 1.1 AI model, as well as a pricing structure for how it will give developers access to the software that dramatically undercuts com ...