Meta Platforms in Talks to Lease Up to $10 Billion in AI Computing Power to Anthropic

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-18
Category: technology
Source: Arab News

Meta Platforms is reportedly in preliminary discussions to lease AI computing capabilities to Anthropic in a potential deal valued at up to $10 billion over two years. This strategic move would help Meta diversify its revenue streams beyond advertising by monetizing its substantial AI infrastructure investments and addressing the intense demand for computing capacity from AI labs like Anthropic.

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