Zuckerberg: If there is excess computing power, Meta may enter the cloud computing market

(1) Meta CEO Mark Zuckerberg stated at the annual shareholder meeting on Wednesday that if the company overspends on data centers leading to excess computing power, it may enter the cloud computing market. (2) When asked whether Meta would compete with Amazon and Microsoft in the cloud computing sector, he responded, "It's definitely on the table." (3) Zuckerberg said that they have not acted yet because they find computing power useful for their own business; however, if they feel there is an excess of computing capacity, it will be an option worth considering, which is also one reason he is confident in investing in building this technology.