Meta to Lease Computing Power to Anthropic for Up to $10 Billion

META is in early talks to lease computing capacity from its AI data centers to Anthropic in a deal that could be worth up to $10 billion over two years . The confidential discussions began in June after a proposal from Anthropic, and would have the AI lab pay Meta in structured monthly increments, with both sides able to exit before the term ends .

The arrangement marks a notable shift for Meta, which has historically built infrastructure for its own products and AI ambitions rather than renting it out. Reports indicate the company is standing up a dedicated cloud line, internally dubbed "Meta Compute," to monetize excess capacity from its aggressive AI capital-expenditure buildout. For META, a credible external-compute revenue stream would help defray the tens of billions it is spending on data centers.

The talks underscore how compute-hungry frontier labs are locking in capacity wherever they can find it. Anthropic recently agreed to a roughly $1.25 billion-per-month arrangement with SpaceX to tap Nvidia GPUs at the Colossus data center , and the Meta discussions would further diversify its supply. What to watch: whether the deal is finalized, its pricing terms, and how a Meta pivot into merchant AI cloud positions it against hyperscalers like AMZN, MSFT, and GOOGL.

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