**[Serenity: Google's Compute Power Limitations May Explain Meta's Major AI Neocloud Contracts, Benefiting AI Data Center Capital Expenditures]** BlockBeats News, June 28 — Serenity published an article stating that Google reportedly restricted Meta's computing capacity in March 2026 due to tight compute resource availability. This may explain why Meta signed large-scale cooperation agreements with AI Neocloud service providers (such as NBIS) at the time, which also led to certain limitations in the capabilities of the Gemini model. Serenity pointed out that Google's CEO previously mentioned during an earnings call that insufficient compute resources were limiting Google Cloud's ability to meet growing customer demand, with the backlog of related orders nearly doubling compared to the previous quarter. Serenity believes this situation further highlights that the compute power supply from hyperscalers remains far below market demand and that they are unable to supplement each other's resources effectively. In the long term, this will continue to support the logic of AI data center construction and capital expenditure expansion. [Original Link]