Use in-house or sell for profit? Tech giants face the challenge of allocating AI computing power - IT之家

Meta says most future compute will go to AI training and core products, while still building a business for large external customers.

Google, Meta and Microsoft are all expanding data-center capacity, but supply remains tight and internal demand is competing with customer demand.

Higher capex is already pressuring cash flow: Google’s free cash flow has turned negative and Meta’s has fallen sharply.

The AI compute shortage is forcing big tech to balance near-term monetization against long-term model and platform competitiveness.