July 17 : Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to $10 billion over two years, according to a source familiar with the matter. Shares of the social media giant pared losses slightly after the news and closed down more than 2 per cent amid a wider tech

As Meta increasingly looks set to become a cloud provider

The deal would follow Anthropic's $1.25B/month SpaceX Colossus arrangement. Meta is building a cloud business to monetise $145B in AI infrastructure spending.