Meta: How a 10 Billion USD Deal with Anthropic Aims to Alleviate Capex Concerns

Meta is negotiating with Anthropic for the leasing of AI computing capacity and opening its data center network to external customers for the first time. The initiative involves up to 10 billion USD over two years and would be Meta's first major step into a cloud business alongside advertising. For investors, the individual contract matters less than the signal that Meta's investments of 145 billion USD are gaining a second source of revenue.   Meta opens its data center network to third parties and reinforces it with a new hire ...