Core Insights - Meta Platforms Inc may shift its future focus from advertising revenue to artificial intelligence (AI) capabilities, as indicated by CEO Mark Zuckerberg during the third quarter earnings call [1][2]. Investment and Infrastructure - Meta's capital expenditures on AI hardware are projected to increase by 80% in 2025 and at least 50% in 2026, surpassing the $100 billion mark, according to JPMorgan estimates [3]. - The company is building an aggressive AI infrastructure, which may lead to a surplus of computing power that could be monetized [4]. Market Position and Opportunities - If Meta decides to monetize its excess computing capacity, it would compete directly with major players like Amazon Web Services, Microsoft Azure, and Google Cloud in a $600 billion market [5]. - Meta's existing AI models and extensive data center infrastructure position it well to establish a credible AI cloud business, potentially creating a new revenue stream less affected by advertising cycles [6]. Future Growth Potential - The company's next growth narrative may emerge from supercomputing rather than social media, positioning Meta as a significant player in the hyperscaler market [7].