Meta-Anthropic $10B Compute Deal Talks

Meta Platforms is in early-stage talks to lease computing power from its AI data centers to Anthropic in a deal that could be worth up to $10 billion over two years, according to The New York Times. Anthropic proposed the deal in June, and Meta is considering it. The arrangement would involve monthly payments and allow either party to exit early. This would open a new revenue stream for Meta, helping monetize its massive infrastructure buildout, while Anthropic secures critical compute capacity. The deal is about one-third the size of Anthropic's existing $45 billion, three-year agreement with SpaceX. Meta CEO Mark Zuckerberg has stated the company will spend up to $145 billion this year, mostly on AI, and has acknowledged that AI agent development has not accelerated as expected. The talks highlight the intense demand for AI compute and the trend of rivals leasing capacity to each other.