Meta could lease computing power to Anthropic as part of potential $10 billion deal
Meta is in early discussions to lease computing power to AI startup Anthropic in a deal potentially worth $10 billion. This move follows Anthropic's recent efforts to expand its infrastructure capacity to meet high demand for generative AI tasks.
Why it matters
The deal highlights the massive infrastructure requirements of AI companies and the growing role of big tech firms as cloud compute providers.
Meta and Anthropic are reportedly in talks over a possible $10 billion deal that will let the social media giant lease computing power to the Claude maker, per a report by Reuters .
If the deal goes through, Anthropic may make monthly payments over the course of two years, and the companies can also exit the deal early, the report said. However, these details are still not finalised.
Anthropic had reportedly proposed the deal in June, and Meta has been working out the specifics of potentially selling compute power to its rival.
Meta CEO Mark Zuckerberg had previously spoken about cloud computing requests that the social media giant was receiving, and confirmed that the company was considering the matter.
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