Zuckerberg says Meta is considering entering the cloud computing market

On May 28, Meta CEO Mark Zuckerberg said at the annual shareholders meeting on Wednesday that if his company spends too much on data centers, resulting in excess computing power, it may enter the cloud computing market. "That's definitely under consideration," Zuckerberg said in response to questions about whether the company would compete with Amazon and Microsoft in cloud computing. "We haven't done this yet because we think computing power will be useful to us," he said. Of course, if we feel that computing power is excessive, that is an option we can consider, which is one of the reasons why we are confident in investing in building this technology."