If they have their own data centers (which I assume they do), this would make a lot of sense, kinda like a ghost kitchen — a virtual data center. That is, assuming they have the physical space to support something like this. It would be a way to diversify income with largely existing resources.
Imagine even a slimmed down service like fly.io or Cloudflare workers running at FB data center scale.
It could certainly work. But it would probably be too small a business for a company as large as Meta. The differences in scales is (I think) one of their problems. At Meta scale (somewhat a pun), many things are just harder/not worthwhile because of their size.
I'm not sure cloud is actually such a great thing for FB but if you're going to do it, that's an inevitable step, isn't it?
https://www.networkworld.com/article/2891297/the-myth-about-...
The problem is that the way Meta runs its data centers and software stack is tightly integrated with the products. It’s not really amenable to running third party applications or storing third party data.