Odaily Planet Daily reports: At the company’s second-quarter earnings call, Meta CEO Mark Zuckerberg stated that Meta currently does not sell computing power to customers, but such a business is in planning. He noted that Meta’s substantial computing resources will be used to train AI models, support agent products, and grow core business operations, while the company also expects to develop services for large enterprise clients.
Google and Meta both slightly increased their capital expenditure forecasts for this year, with Google indicating that related spending may rise further by 2027, while Microsoft maintained its capital expenditure guidance. Google's cash flow turned negative for the first time in the second quarter, and Meta's cash flow declined by 91% year-over-year.
Microsoft CFO Amy Hood stated that customer demand for its cloud services still exceeds available capacity. Last week, Google said it would build additional internal computing power while also purchasing more third-party computing resources to meet customer demand.
Google CEO Sundar Pichai stated that Google’s primary priority in using its custom Tensor Processing Units (TPUs) is to ensure adequate resources are allocated to the frontiers of AGI development. Google is working with partners to deploy TPUs in additional data centers to unlock further capacity.