{"id":"35148448-67b2-489d-9d06-bf6f12a5d488","url":"https://www.nextplatform.com/cloud/2026/07/01/of-course-meta-platforms-is-going-to-be-a-cloud/5265392","domain":"nextplatform.com","outlet":{"name":"Nextplatform","country":null,"cred":null,"lean":null,"curated":false},"title":"Of Course Meta Platforms Is Going To Be A Cloud","plainHeadline":null,"rewrite":{"model":null,"at":null},"summary":["1. Amazon's IT budget was 8% of revenue in 2001, dropping to 4% by 2005.","2. AWS began generating profits around late 2014, surpassing Amazon's internal IT costs by 2019.","3. Meta Platforms is exploring cloud services to utilize its excess infrastructure capacity.","4. Mark Zuckerberg indicated a shift towards selling cloud services during Q3 2025 financial call.","5. Meta has previously rented cloud capacity from AWS and Google Cloud, now aiming to compete directly.","6. Meta's new initiative, Meta Compute, may offer infrastructure as a service to customers.","7. Executives Santosh Janardhan, Daniel Gross, and Dina Powell McCormick are leading Meta's cloud strategy."],"topics":["Enterprise"],"lang":"eng","publishedAt":"2026-07-01T20:44:16.000Z","ingestedAt":"2026-07-01T21:11:51.511Z","story":null}