Meta Platforms is in early discussions to lease computing power to Anthropic in a deal valued at up to $10 billion over two years, according to a source familiar with the matter. Under the proposed structure, Anthropic would pay Meta in monthly installments, though terms remain subject to change and either company could exit the arrangement early.<\/p>\n
The talks were initiated by Anthropic, which proposed the deal in June. Meta is still weighing the offer, and a source noted that negotiations have grown complicated because Meta does not currently operate a business that sells computing power to outside customers.<\/p>\n
The potential agreement would mark a shift for Meta beyond its core advertising business. By renting out spare infrastructure, Meta could generate a new revenue stream and position itself alongside so-called neocloud providers such as CoreWeave and Nebius, which have built businesses around supplying GPU capacity to AI labs and enterprises.<\/p>\n
Demand for advanced computing has risen sharply as companies integrate more sophisticated AI tools into their products, putting pressure on available hardware and pushing infrastructure providers to scale quickly.<\/p>\n
News of the talks briefly softened losses for Meta shares on Friday, though the stock still closed down more than 2% during a broader technology selloff. The discussions are in their early stages and may not result in a final agreement.<\/p>\n
The reported arrangement echoes a strategy used by Elon Musk’s SpaceX. In May, Anthropic struck a deal to tap the full computing capacity of SpaceX’s Colossus 1 data center in Memphis, Tennessee. Earlier this month, Bloomberg News reported that Meta was building a cloud business intended to sell excess compute and host AI models for developers.<\/p>\n
At Meta’s shareholder meeting in May, CEO Mark Zuckerberg said entering cloud computing was on the table, noting that companies were approaching Meta almost weekly to buy access to its AI models or spare computing resources.<\/p>\n
Neither company has commented publicly on the talks. It is not yet known how much capacity Meta would commit, what specific infrastructure would be used, or how a final agreement would differ from the initial $10 billion proposal. Anthropic, which is preparing for an initial public offering, is one of several AI labs actively securing large-scale compute resources to support training and serving of its Claude models.<\/p>\n
The deal is valued at up to $10 billion over two years, with Anthropic paying Meta in monthly installments.<\/p>\n
Anthropic initiated the talks, proposing the deal in June, and Meta is still weighing the offer.<\/p>\n
It is not yet known how much capacity Meta would commit, what infrastructure would be used, or whether the final agreement will differ from the initial $10 billion proposal. Neither company has commented publicly.<\/p>\n