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Live Updates  >  Live Update Details

2026-07-18 00:32:12

[Report: Meta in Talks to Lease Computing Power to Anthropic; Two-Year Deal Could Worth Up to $10 Billion] Three people familiar with the negotiations revealed that Meta is in talks to lease its AI data center computing power to Anthropic, with the two-year agreement potentially worth up to $10 billion. Sources said the proposal was initially put forward by Anthropic in June, and Meta is currently evaluating it. The details of the deal are still being finalized. Under the proposed agreement, Anthropic will pay Meta in monthly installments over two years, and both companies have the right to terminate the agreement early. The computing power Anthropic is proposing to Meta is only one-third the size of the contract it signed with Elon Musk's SpaceX in May of this year. Sources indicated that the negotiations between Meta and Anthropic are still in the early stages and may not ultimately materialize.

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