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Meta’s cloud plans send rival stocks tumbling 17%

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Meta shares jumped nearly 9% this week after a report revealed the social media giant is considering getting into the business of selling cloud computing and AI model access, a move that sent shockwaves through the young but fast-growing Neocloud industry. Why Meta stock took off According to a Bloomberg report, Meta is building a […] The post Meta’s cloud plans send rival stocks tumbling 17% appeared first on Rolling Out .

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