Zuckerberg says Meta is getting offers for AI compute at a "significant premium over what we paid"

During Meta's second-quarter 2026 earnings call, CEO Mark Zuckerberg said outside parties had shown interest in acquiring the company's AI computing capacity on terms exceeding Meta's own costs. The remark accompanied results showing higher revenue, $30.12 billion in quarterly capital spending, and a sharp decline in free cash flow to $784 million from $8.55 billion. Separately, Zuckerberg, Elon Musk, and Jensen Huang reportedly called President Donald Trump last week to oppose a proposed federal AI oversight body, arguing it would entrench the dominance of OpenAI, Anthropic, and Google. That concept, floated by Google DeepMind's Demis Hassabis, would have established an industry-financed organization to set standards and test advanced models, similar to FINRA. The proposal was set aside.