Meta is planning cloud business
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A reported new rival is coming for the cloud computing king's most profitable business.
Meta lays off 8,000 employees while accelerating AI investment and cloud computing plans, boosting stock but raising Wall Street concerns over margins.
Amazon Web Services and Anduril are combining the tech giant’s on-site cloud computers and the defense contractor’s mobile data center to bring edge computing to the frontlines. Both have already been used during the Iran war.
Cloud computing is one of the hottest tech market trends alongside artificial intelligence. It's a big business with a good use case for both businesses and consumers. So, naturally, some exchange-traded funds,
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