Meta Enters Cloud Business, Reshaping AI Infrastructure Competition

테크주 | Thu Jul 02 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 9 sources

Meta's entry into the cloud business sent neocloud stocks tumbling, MGX closed a $49 billion AI fund, and Palantir criticized the token-based model.

Analysis

[Meta Platforms] entered the cloud business to sell surplus AI computing power ^[4][6][8]

• Stock surged approximately 9%
• Plans capex of up to $145 billion this year
• Considering hosting AI models or selling raw computing power
• Following SpaceX's precedent of selling compute to Anthropic and Google

[CoreWeave·Nebius Group] saw neocloud stocks plunge on Meta's cloud entry news ^[2][8]

• Both stocks fell approximately 12%
• Questions raised about the sustainability of the neocloud business model
• Meta emerged as a new competitive threat

[MGX] closed a $49 billion AI-dedicated fund ^[9]

• Exceeded initial target of $45 billion
• Co-led Anthropic's $30 billion round and participated in OpenAI's $122 billion round
• Also invested in xAI's $20 billion round
• Broad investments across semiconductors
• AI infrastructure
• and platforms

[Palantir] criticized OpenAI and Anthropic's token model through Alex Karp ^[7]

• Stated "something is completely wrong"
• Pointed out companies shifting from tokenmaxxing to ROI focus
• Warned of open-weight model proliferation and China's catch-up
• Partnering with Nvidia to build custom models for the US government
• Stock rose 8%

[Microsoft] benefited from AI software stock rotation and signed a long-term deal with Haleon ^[5]

• Stock rose 2.95% in a single day
• Signed a 5-year partnership with Haleon
• Expanded Microsoft 365 Copilot integration
• Still down approximately 20.5% year-to-date

[ServiceNow·Salesforce] received buy recommendations from a Guggenheim analyst ^[3]

• AI threat is real but valuations have fallen excessively
• 'Armageddon' fears deemed overblown

[Nvidia] defined the humanoid robot market as a multitrillion-dollar opportunity ^[1]

• Jensen Huang stated it is a "multitrillion-dollar economic opportunity"
• Indirect investment ideas related to the robotics boom emerged

Sources

• [1] Nvidia is betting on a trillion-dollar robotics boom. Here is the hidden way to trade it. - MarketWatch Top Stories
• [2] CoreWeave, Nebius shares tumble as Meta stands to become a fresh threat in the cloud - MarketWatch Top Stories
• [3] ServiceNow and Salesforce shares now look like buys, as ‘Armageddon’ fears are too extreme, analyst says - MarketWatch Top Stories
• [4] Meta Platforms Getting Into Cloud Infrastructure Business | Closing Bell - Bloomberg Markets
• [5] Why Microsoft Stock Surged Today - The Motley Fool
• [6] Meta's plan to launch a cloud business eases the biggest overhang on the stock - CNBC World Markets
• [7] Palantir's Karp bashes OpenAI, Anthropic token model: 'Something has gone completely wrong' - CNBC World Markets
• [8] Meta pops 9% as company makes cloud push to sell excess AI compute power capacity - CNBC World Markets
• [9] OpenAI, Anthropic backer MGX raises one of the biggest AI funds ever as it closes at $49 billion - CNBC World Markets