The Financial Post reports in its Friday, July 3, edition that Meta is planning a cloud infrastructure business to sell artificial intelligence computing power and models, competing with Amazon Web Services, Microsoft Azure and Google Cloud. A Bloomberg dispatch to the Post reports that sources say Meta is forming a business to generate revenue from excess computing power sold to outside customers. One potential plan includes selling access to various AI models hosted on Meta's existing AI infrastructure, an approach similar to AWS's Bedrock offering. Meta would run the data centres and chips that power the models, including its own Muse Spark models, and charge developers to access them. Meta is also considering selling access to "raw" computing capacity, akin to other so-called neocloud businesses like Coreweave. Development of these new business lines is part of Meta Compute, an internal initiative to build and manage the company's AI infrastructure efforts. Meta Compute is led by Santosh Janardhan, Meta's head of infrastructure; Daniel Gross, a leader inside the Meta Superintelligence Labs AI unit; and Meta President Dina Powell Mccormick. Sources say Meta's plans are still in development.