Serenity@aleabitoredditPost2026-06-28

Meta signed massive agreements with Neoclouds like NBIS in March, likely due to Google res

Meta signed massive agreements with Neoclouds like NBIS in March, likely due to Google restricting Meta's compute capacity in March 2026. Google's CEO stated that computing power restrictions limited Google Cloud's ability to meet customer demand, causing its backlog to double. This suggests hyperscaler capacity is insufficient, supporting AI data center capex buildout.

“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.”