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

AI adoption is boosting demand for compute capacity. Meta and Anthropic are negotiating a $10 billion compute lease deal, according to people familiar with the matter.

The agreement would let Meta generate revenue from its infrastructure. It would compete with neocloud firms such as CoreWeave and Nebius. Meta owns massive data-center infrastructure and could use the lease to diversify beyond its advertising business.

For Anthropic, the deal would lock in computing power for its AI models. The startup has raised billions from investors including Google and Amazon.

Nebius trades with an Alpha Score of 53/100 on AlphaScala, reflecting mixed sentiment in the communication services sector.