Meta Platforms Leases $10 Billion in AI Compute Capacity to Anthropic
Meta Platforms has entered negotiations with Anthropic to lease up to $10 billion worth of data center computing capacity over two years, shifting its role from a hardware consumer to a cloud infrastructure provider. The move is part of Meta's broader strategy under the 'Meta Compute' initiative to build approximately 14 gigawatts of AI capacity by 2027 amid growing concerns about U.S. power supply shortages.
Tickers: $META
Topics: AI compute capacity Anthropic cloud infrastructure data center leasing Meta Platforms