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

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.