Meta lays off 8,000 employees while accelerating AI investment and cloud computing plans, boosting stock but raising Wall Street concerns over margins.

Meta appears poised to enter the cloud computing market in an effort to monetize its massive AI infrastructure.

Rosenblatt said it does not believe Meta has the right to resell any of the CoreWeave capacity it has leased through 2032 to third parties. ・The firm reiterated its ‘Buy’ rating on CoreWeave with a $250 price target,

Meta plans to set up a cloud business and sell compute and AI to third-party customers, according to a Bloomberg report.

Shares of some AI-infrastructure companies were under pressure Wednesday morning, after Bloomberg reported that Meta is developing a cloud-computing business to sell excess artificial-intelligence capacity.

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Meta is considering building a cloud-computing business that would sell unused AI computing capacity from its internal infrastructure, Bloomberg reports. The company has been investing heavily in large-scale data centers to support its AI products and research.