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00:02Meta CEO Mark Zuckerberg said the company could enter the public cloud computing market if it
00:08ends up with excess data center capacity, according to Benzinga.
00:12Zuckerberg made the comments at Meta's annual shareholder meeting,
00:15calling competition with Amazon and Microsoft in cloud definitely on the table.
00:20He noted that many companies approach Meta weakly seeking API services or compute access.
00:25Meta does not currently sell cloud infrastructure to outside businesses.
00:30The company raised its 2026 AI capital expenditure forecast to between $125 billion and $145 billion.
00:39Investors remain concerned about the lack of clear AI revenue,
00:43and Zuckerberg offered little clarity on monetization timelines,
00:47saying Meta will focus on scaling products before monetizing.
00:50For all things money, visit Benzinga.com.
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