Meta CEO signals large enterprise AI opportunity including compute sales

On Meta's second-quarter earnings call, CEO Mark Zuckerberg indicated the company can both advance its own AI efforts and rent scarce computing capacity to external businesses at a premium, while stating there is a significantly higher margin on selling intelligence rather than compute directly. He described a large opportunity in enterprise services including APIs, business agents, and potential compute sales. The comments came as Meta reported free cash flow of 784 million dollars, down 91 percent year-over-year, amid raised capital expenditure guidance of 130 to 145 billion dollars for 2026.