CoreWeave, Nebius shares tumble as Meta stands to become a fresh threat in the cloud
CoreWeave, Nebius shares tumble as Meta stands to become a fresh threat in the cloud

Meta's reported interest in monetizing its artificial intelligence infrastructure is leading investors to question the sustainability of neocloud business models.

Shares of CoreWeave and Nebius declined following reports that Meta plans to offer its AI computing capacity to external customers, potentially creating fresh competition in the growing cloud computing sector.

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