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Meta Explores AI Infrastructure Leasing Deal with Anthropic

KVIA••CNN Newsource
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Meta is currently negotiating with AI startup Anthropic to lease its computing capacity, potentially entering the competitive cloud computing market alongside giants like Amazon and Microsoft. This deal could be valued at up to $10 billion over two years, although specific figures remain unconfirmed. Meta's significant investment in data center infrastructure—estimated between $125 billion and $145 billion this year—aims to bolster its AI capabilities, despite recent layoffs affecting 10% of its workforce. As demand for computing power surges, this move could open new revenue streams for Meta, which has seen its stock decline over the past year.

Key Details: • Potential deal worth up to $10 billion over two years. • Meta plans to invest $125 billion to $145 billion in infrastructure this year. • 10% workforce reduction, approximately 8,000 employees, announced in April. • Meta shares have decreased by over 8% compared to last year.

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