Mark Douglas, CEO of ad tech company MNTN, said he is skeptical about Meta Platforms Inc.’s reported ambitions to expand beyond advertising into cloud infrastructure, according to Bloomberg.
Douglas cited high switching costs for customers using established providers such as Amazon’s AWS and Google Cloud, and said Meta lacks excess AI infrastructure capacity to monetize.
MNTN CEO Doubts Meta Can Compete in Cloud Infrastructure
2026-07-08 21:23:12
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