WS #11454
Meta is building a cloud business to sell spare AI computing capacity, potentially reframing capex as a platform business but with margin trade-offs. Foxconn Q2 revenue jumps 39.8% YoY, beating forecasts, driven by strong AI demand; positive for AAPL and NVDA but warns on geopolitics. OpenAI engineers found a way to more than halve inference cost using software alone, potentially pressuring NVDA's pricing power if adopted widely.
Meta cloud business plans
Meta is building a cloud business to sell spare AI computing capacity, potentially reframing capex as a platform business but with margin trade-offs.
Foxconn Q2 revenue jumps 39.8% YoY, beating forecasts, driven by strong AI demand; positive for AAPL and NVDA but warns on geopolitics.
OpenAI engineers found a way to more than halve inference cost using software alone, potentially pressuring NVDA's pricing power if adopted widely.