Meta in talks to lease $10B computing capacity to Anthropic

Meta Platforms Inc. (NASDAQ: $META) and Anthropic are in preliminary talks over a two-year computing capacity lease valued at as much as $10 billion（約1.6兆円）. Anthropic proposed the arrangement in June and would make monthly payments to access Meta's infrastructure. Both companies retain the right to exit the agreement early, though the final value and terms remain subject to change.

If completed, the deal would mark a significant strategic shift for Meta. The company has built vast computing infrastructure to power its own AI models but has not yet transformed that capacity into a service for external customers. The talks could unlock a new commercial avenue: Meta would generate revenue from unused computing capacity while moving into competition with specialist infrastructure providers such as CoreWeave (NASDAQ: $CRWV) and Nebius (NASDAQ: $NBIS). CEO Mark Zuckerberg signaled Meta's interest in this direction at the company's shareholder meeting in May, stating that entering cloud computing was "definitely on the table." He noted that companies approach Meta almost every week seeking access to its models or spare computing power.

Anthropiс has been building a diversified infrastructure strategy as Claude adoption and developer demand expand. In May, the company struck a separate agreement to use computing power from SpaceX's Colossus 1 facility in Memphis. More recently, Anthropic signed a 20-year data center lease with TeraWulf (NASDAQ: $WULF). The timing of the Meta talks matters: Anthropic is preparing for a possible public listing as early as October, and securing additional computing capacity now would give the AI developer more room to train models, run inference, and support new products ahead of a potential market debut.

Meta's entry into AI cloud services has been anticipated since at least May, when CEO Mark Zuckerberg signaled openness to the idea at the company's shareholder meeting, noting that firms were seeking access to Meta's models or spare computing power nearly every week. The company has invested heavily in chips, power, and data centers to support its own AI ambitions but had not yet monetized that infrastructure for external customers. Talks with Anthropic represent a concrete opportunity to do so, potentially positioning Meta alongside specialist infrastructure providers like CoreWeave and Nebius in a market where demand for chips and data center access continues to tighten.

For Anthropic, the deal aligns with its broader strategy to diversify its computing capacity across multiple providers. Beyond the proposed Meta arrangement, the company has already secured infrastructure from SpaceX's Colossus 1 facility and committed to a 20-year lease with TeraWulf. Timing matters: Anthropic is preparing for a possible public listing as early as October, and locking in additional capacity now would provide the developer room to expand its model training, inference, and product offerings ahead of that market debut.