Meta is developing plans for a cloud infrastructure business, selling access to AI compute power and models. The move would pit it against the big cloud providers like Amazon Web Services, Google Cloud, and Microsoft Azure.
The timing of the price increases isn’t ideal, as Disney+ subscribers canceled their subscriptions in droves last week, protesting Disney’s decision to temporarily pull Jimmy Kimmel from its airwaves.
From reshaping creative industries to transforming high-risk fields, AI is opening doors to business models that were once too complex or costly to attempt.