Such a deal would help Meta diversify beyond advertising by generating revenue from its infrastructure and competing with neocloud firms such as CoreWeave and Nebius, as growing adoption of advanced AI tools boosts the need for computing capacity.

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.