Meta, Anthropic in talks for potential $10 billion compute lease deal, NYT reports

Short summary

Meta Platforms is reportedly negotiating a deal to lease computing power to Anthropic, potentially valued at up to $10 billion over two years. The arrangement would help Meta diversify revenue beyond advertising while supplying Anthropic with critical compute infrastructure. Anthropic proposed the deal in June, and both companies retain early exit options.

• •Meta and Anthropic discussing a compute lease deal worth up to $10B over two years
• •Deal would diversify Meta's revenue beyond advertising and provide Anthropic with compute capacity
• •Anthropic proposed the deal in June; both companies can exit early

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