Meta Is in Talks with Anthropic to Lease Data Centers for $10 Billion — The New York Times

Meta Platforms, which owns Instagram and Facebook, is in preliminary talks with the AI startup Anthropic about leasing it computing capacity from its data centers, The New York Times reports, citing three sources. The potential value of the deal could reach $10 billion over two years, the publication reports.

The newspaper reports that Claude will pay a monthly fee for access to computing power for two years. The terms are still subject to change, and the parties will have the option to terminate the agreement early. Negotiations are in the early stages and may not result in a deal, The New York Times notes.

The agreement will allow Meta to expand its business beyond advertising and enter the computing power rental market, where the company will be able to compete with players such as CoreWeave and Nebius in the rapidly growing AI infrastructure market, Reuters reports. Meta is also considering selling access to artificial intelligence models hosted on its infrastructure—a business similar to Amazon Web Services’ Bedrock offering, Bloomberg notes.

The potential agreement also aligns with Anthropic’s strategy to diversify its computing power providers, Reuters notes. In May 2026, the company signed an agreement with Elon Musk’s SpaceX, gaining access to the full computing power of a data center housing the Colossus supercomputer, built specifically for training neural networks.

Meta shares fell nearly 6% on July 17, but after the NYT report, they pared their losses and closed down 2.8%.

This article was AI-translated and verified by a human editor