Home / Business and Economy / Meta eyes $10B cloud deal with AI rival Anthropic
Meta eyes $10B cloud deal with AI rival Anthropic
18 Jul
Summary
- Meta is in talks to lease data centers to AI company Anthropic.
- The potential deal could be worth up to $10 billion over two years.
- This move could create a new cloud services business for Meta.
Meta, the parent company of Facebook and Instagram, is reportedly exploring a significant new business venture by leasing its data centers to AI firm Anthropic. Discussions are ongoing, with the potential deal estimated to be worth up to $10 billion over a two-year period. This move signifies Meta's strategic push into the cloud services market, an area distinct from its primary revenue source of advertising.
The proposed arrangement could transform Meta's substantial investments in AI data centers into a new, lucrative business. While Meta is developing its own AI models, leasing capacity to companies like Anthropic, which have high compute demands, presents a dual benefit. Anthropic has previously secured similar cloud infrastructure agreements, including a notable multi-year deal with SpaceXAI.
