AIThe Next Webabout 3 hours ago
Meta reveals AI monetization plan, stock surges
1 min read
Meta's stock rose 15% in its best week since early 2024 after unveiling Meta Compute, a plan to sell AI computing capacity to external customers. Wolfe Research estimates each gigawatt monetized at a ~$25bn rate could lift EPS 20%. Options volume ran over three times the 30-day average. Meta Compute has not sold anything yet.
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