Meta, Anthropic in talks for potential $10 billion compute lease deal
Meta Platforms is negotiating a potential two-year lease deal with Anthropic for computing power worth up to $10 billion. This agreement would enable Meta to diversify its revenue streams beyond advertising and compete with emerging cloud firms as demand for AI computing capacity rises. However, the discussions are in early stages and may not lead to a finalized deal, as Meta has not traditionally sold its computing power.