On July 3, in response to news that Meta plans to sell AI computing power and model access to external clients, Deutsche Bank believes this does not indicate a weakening of Meta's frontier models or 'superintelligence' strategy. Instead, it is more likely that Meta is monetizing older, non-core, or temporarily idle computing power while retaining the latest generation chips for internal training. This move is expected to shift market concerns about Meta's 'high capital expenditures and limited revenue returns' towards a reassessment of its new high-profit revenue options. According to Deutsche Bank's estimates, by the end of 2027, Meta's AI-related computing power could reach between 8 to 11.5 GW, with approximately 1.2 to 2.7 GW available for external sale. Assuming 75% of this capacity is sold, with annual revenue of $10 billion to $15 billion per GW, Meta could generate an additional revenue of $9 billion to $30 billion by 2027, which is 3% to 10% higher than market expectations, with a baseline scenario of about $17.5 billion.