Bloomberg Technology

Meta to Build Cloud Business to Sell Excess AI Compute | Bloomberg Tech 7/01/2026

Bloomberg’s Ed Ludlow breaks down Meta’s plans to develop its own cloud infrastructure business aimed at selling access to AI computing power and models. Plus, the Trump administration lifts foreign access restrictions on Anthropic’s Fable 5 AI model. And, Lime CEO Wayne Ting joins as the company gets ready to debut on the Nasdaq. 00:00:00…

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Bloomberg’s Ed Ludlow breaks down Meta’s plans to develop its own cloud infrastructure business aimed at selling access to AI computing power and models. Plus, the Trump administration lifts foreign access restrictions on Anthropic’s Fable 5 AI model. And, Lime CEO Wayne Ting joins as the company gets ready to debut on the Nasdaq.

00:00:00 – Bloomberg Tech Begins
00:01:17 – Lynn Doan, Bloomberg News
00:04:25 – Seema Shah, Principal Asset Management
00:09:36 – Shirin Ghaffary, Bloomberg News
00:12:11 – Allie Mellen, Forrester Research
00:16:58 – Wayne Ting, Lime CEO
00:23:43 – Mandeep Singh, Bloomberg Intelligence
00:29:08 – Mark Gurman, Bloomberg News
00:32:09 – Matthew Boesler, Bloomberg News
00:35:17 – Neil Keegan, Marlinspike CEO
00:41:37 – Katherine Doherty, Bloomberg News

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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4 Comments

  1. @davidsaint8866

    July 1, 2026 at 1:26 pm

    An hour early today?

  2. @tringuyen7519

    July 1, 2026 at 4:15 pm

    META must build its own Cloud with its own AI data centers. Its current method of renting compute from GOOG, AMZN, MSFT, & ORCL won’t work much longer.

  3. @kjhaha11

    July 1, 2026 at 4:24 pm

    is Meta like xAI… nobody really want to use their AI, so they just sell the computation power to somebody else

  4. @michaelmorley5385

    July 1, 2026 at 6:18 pm

    Ed is the best, but he’s going to need a better sidekick with Caroline gone. So far their bench looks real weak

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