{"slug": "meta-anthropic-in-talks-for-potential-us-10-billion-compute-lease-deal-source", "title": "Meta, Anthropic in talks for potential US$10 billion compute lease deal: source", "summary": "Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to US$10 billion over two years, according to a source. The deal would help Meta diversify beyond advertising by generating revenue from its infrastructure as AI adoption drives demand for computing capacity. The discussions are early and may not result in a deal.", "body_md": "# Meta, Anthropic in talks for potential US$10 billion compute lease deal: source\n\nThe deal would help Meta diversify its income streams\n\nMETA Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to US$10 billion over two years, according to a source familiar with the matter.\n\nShares of the social media giant pared losses slightly after the news and closed down more than 2 per cent amid a wider tech selloff on Friday (Jul 17). They were down marginally in extended trading.\n\nSuch a deal would help Meta diversify beyond advertising by generating revenue from its infrastructure and competing with neocloud firms such as CoreWeave and Nebius, as growing adoption of advanced AI tools boosts the need for computing capacity.\n\nThe Claude Code creator would pay Meta in monthly increments over the two-year period, although the terms remain subject to change, the source said, adding that the companies would be able to exit any agreement early.\n\nIPO-bound Anthropic had proposed the deal in June and Meta is considering it, the source said, adding that the talks have become complicated since Meta does not have a business selling its computing power.\n\nThe discussions are in their early stages and may not result in a deal, according to the source.\n\nMeta did not immediately respond to a Reuters request for comment, while Anthropic declined to comment.\n\nThe potential agreement echoes a strategy recently pursued by Elon Musk’s SpaceX, with whom Anthropic struck a deal in May to tap the full computing power of its Colossus 1 data centre in Memphis, Tennessee.\n\nAt Meta‘s shareholder meeting in May, CEO Mark Zuckerberg had said entering cloud computing was “definitely on the table”, noting that firms were approaching Meta “almost every week” to buy access to its AI models or spare computing power.\n\nEarlier this month, Bloomberg News reported that Meta was building a cloud business to sell excess computing power and host AI models for developers. REUTERS\n\nDecoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.\n\nShare with us your feedback on BT's products and services", "url": "https://wpnews.pro/news/meta-anthropic-in-talks-for-potential-us-10-billion-compute-lease-deal-source", "canonical_source": "https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-anthropic-talks-potential-us10-billion-compute-lease-deal-source", "published_at": "2026-07-18 02:23:11+00:00", "updated_at": "2026-07-18 11:22:02.289823+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-startups"], "entities": ["Meta Platforms", "Anthropic", "CoreWeave", "Nebius", "SpaceX", "Mark Zuckerberg", "Claude Code", "Colossus 1"], "alternates": {"html": "https://wpnews.pro/news/meta-anthropic-in-talks-for-potential-us-10-billion-compute-lease-deal-source", "markdown": "https://wpnews.pro/news/meta-anthropic-in-talks-for-potential-us-10-billion-compute-lease-deal-source.md", "text": "https://wpnews.pro/news/meta-anthropic-in-talks-for-potential-us-10-billion-compute-lease-deal-source.txt", "jsonld": "https://wpnews.pro/news/meta-anthropic-in-talks-for-potential-us-10-billion-compute-lease-deal-source.jsonld"}}