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Guess we finally found why $META signed massive agreements with Neoclouds like $NBIS back in March...
And why Gemini got super nerfed.
$GOOGL reportedly restricted Meta's capacity in March 2026 because of compute restraints.
Google's CEO said from last earnings computing power restrictions prevented Google Cloud from taking on more customer needs and made the department's backlog nearly double the previous quarter.
This is probably positive for the AI DC capex buildout since hyperscalers capacity is way below what is needed, and especially so if they can't rely on one another.