Meta runs Facebook, Instagram and WhatsApp, and one of the world's largest private compute infrastructures. Since it does not rent its cloud to third parties, it builds that capacity first for its own needs: content recommendation, then AI models. It buys graphics accelerators (GPUs) in bulk and designs its own chips to cut its dependence.
Meta is the most aggressive chip buyer that does not resell its capacity: everything it builds serves its own AI. Its open-model strategy (Llama) aims to commoditize rivals' technology rather than sell it. The risk is the absence of direct return: its record capital spending generates no rental revenue, it bets on future gains in advertising and usage. If those gains lag, the scale of spending becomes hard to justify. Verify before acting: the exact level of its announced capital spending, which changes every quarter.
Meta is a leading indicator of the Compute Economy: its purely internal chip appetite signals compute demand independently of any rental market. When Meta accelerates its buying, it is a signal about the real intensity of the AI race. The position holds as long as its advertising revenue funds investment with no direct rental return.
Everything you need to know about NeonBridge and the compute economy.
Oil powered the 20th century. Compute powers the 21st. Every time an AI model runs or a Bitcoin block is mined, it takes energy, chips, data centers, and cloud infrastructure to make it happen. The companies building all of that form the compute economy. NeonBridge tracks 200+ of them across 7 categories.
Just like oil or electricity, compute is a raw resource that every industry needs. AI models can't train without GPU cycles. Bitcoin can't exist without hashrate. As demand grows, the companies that produce, store, and distribute compute become critical infrastructure. That makes compute the defining commodity of this century.
AI and Bitcoin are not two separate topics. They are two expressions of the same industrial revolution. AI transforms compute into intelligence. Bitcoin transforms compute into verifiable scarcity. Both need the same physical foundations: energy, chips, and data centers. That is why NeonBridge tracks them together, as one economy.
Most companies in the tracker are publicly listed stocks you can buy through any brokerage account. We highlight EU-friendly brokers like Trade Republic, Interactive Brokers, DEGIRO, and Scalable Capital to help you get started. No crypto wallet needed for the equity side.
Like any sector, compute infrastructure carries risk. Chip supply chains can be disrupted by geopolitics. Energy costs fluctuate. AI regulation is evolving fast. Bitcoin mining profitability depends on network difficulty and price cycles. Diversifying across the 7 categories of the compute economy helps reduce exposure to any single risk.
Global AI compute capacity doubles every 6-7 months, fueled by explosive AI adoption outpacing historical trends, with contributions from Bitcoin mining infrastructure repurposing and autonomous systems. Governments worldwide have committed hundreds of billions to chip manufacturing and power infrastructure. This reflects an enduring industrial shift comparable to electrification.
