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Meta Looks to Make Money From Its AI Spending Binge

Meta Looks to Make Money From Its AI Spending Binge
Bloomberg Technology Thursday 02 July 2026, 11:02 UTC By Kurt Wagner 1 min read
Key Points

Meta Looks to Make Money From Its AI Spending Binge The company is considering a cloud computing business to help generate revenue from AI This article is for subscribers only.

Meta Looks to Make Money From Its AI Spending Binge The company is considering a cloud computing business to help generate revenue from AI This article is for subscribers only. Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner reports on Meta’s internal discussions to create a cloud computing business. End of an era: Sony will end production of physical discs for its PlayStation video-game consoles starting in January 2028. Gamers will need to download games going forward. [Image text:] CMeta Mortenson
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