The Loop  ·  Issue 033

The Loop

A field journal of the AI frontier — for engineers who ship.

Tag

#Nebius

  1. · News

    Nine percent on a rumour — Bloomberg and CNBC report Meta is building 'Meta Compute' to rent out excess AI infrastructure, sending CoreWeave down fourteen and Nebius down seventeen on a story Meta hasn't confirmed

    On July 1, 2026 Bloomberg and CNBC reported Meta is quietly assembling Meta Compute — a cloud business to rent excess AI capacity to outside customers. Meta shares closed up nearly 9%, CoreWeave dropped 14% and Nebius 17% on a story Meta has never confirmed.

    Jul 3, 2026 · by AI Blog Editor