Meta Explores $10B AI Infrastructure Rental Deal With Anthropic

WHO:

CNN - Meta, Anthropic, Mark Zuckerberg

Engadget - Meta (Facebook and Instagram maker)

Techmeme - New York Times

WHAT:

CNN - Meta is in talks to lease computing capacity to Anthropic.

CNN - The potential deal is valued at as much as $10 billion over two years.

CNN - Meta plans to spend between $125 billion and $145 billion in capital expenditures this year.

CNN - Meta announced it would lay off 10% of its workforce, approximately 8,000 people.

CNN - Meta shares (META) are down more than 8% from the previous year.

CNN - Meta released an upgraded version of its Muse Spark AI model.

WHERE:

CNN - The discussions are taking place in the context of cloud computing, competing with Amazon, Microsoft, and Google.

WHEN:

CNN - Meta's CEO mentioned the possibility of leasing infrastructure at the annual shareholder meeting in May.

WHY:

CNN - The move to lease computing capacity could create a new revenue opportunity for Meta.

CNN - There is a high demand for computing power as companies race to adopt AI technologies.

HOW:

CNN - Meta is considering leasing out its computing infrastructure if its own needs do not keep pace with the buildout.

(UPDATED July 17, 2026 22:20 UTC)

Meta is in discussions to lease computing capacity to Anthropic, with the potential deal valued at up to $10 billion over two years. This move comes as Meta plans to spend between $125 billion and $145 billion in capital expenditures this year, while also announcing layoffs of about 8,000 employees, which is 10% of its workforce. The conversations are part of a strategy to create new revenue opportunities in the highly competitive cloud computing market, where demand for computing power is surging as companies adopt AI technologies.