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Meta in Talks to Lease AI Computing Power to Anthropic in $10B Deal

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Meta is in early-stage negotiations to lease AI computing infrastructure to Anthropic in a deal potentially worth up to $10 billion over two years, according to a New York Times report. The arrangement would allow Meta to monetise its substantial data-centre investments, mirroring a strategy previously employed by Elon Musk's SpaceX. Anthropic reportedly initiated the proposal in June, motivated by a growing shortage of Nvidia chips that has been putting pressure on its Claude AI models. The deal, if finalised, would mark a significant commercial pivot for Meta in how it leverages its AI hardware capacity.

Read the full story at Times of India

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Meta in Talks to Lease AI Computing Power to Anthropic in $10B Deal · ShortSingh