Meta denies AI computing power surplus, stating that renting out computing power can sometimes be more valuable than internal use

Odaily Planet Daily News: Meta CEO Mark Zuckerberg stated that the company is considering renting out some of its AI computing power to external customers. He mentioned that some external offers are so high that Meta believes renting out computing power could be more valuable than keeping it for internal use.

Zuckerberg emphasized that Meta does not have a surplus of AI computing power and that the company is still fully utilizing its existing computing resources. He noted that almost no company in the industry believes its own computing resources are sufficient.

According to reports, Meta is exploring two types of cloud service models: one involves hosting proprietary or third-party AI models and charging based on API calls, while the other directly sells basic computing power, similar to the model of AI cloud computing company CoreWeave.

Additionally, Meta has recently opened its Meta Model API and started charging for Muse Spark 1.1. Zuckerberg also said that SpaceX's model of temporarily renting out computing power to external companies is "very interesting," and Meta will also evaluate similar high-value transaction opportunities.