Mark Zuckerberg tells shareholders that a Meta cloud computing business is "definitely on the table" if it overspends on data centers and has excess capacity

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Summary

Meta's Mark Zuckerberg has hinted at the possibility of a cloud computing business if the company overspends on data centers and has excess capacity. This move would see Meta compete with major cloud providers like Amazon Web Services (AWS) and Microsoft Azure.

Why it matters

Meta's potential entry into the cloud computing market could significantly impact the industry, with implications for existing players and customers.

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