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

Reuters

Fri, July 17, 2026 astatine 11:29 AM CDT 1 min read

July 17 (Reuters) - Meta Platforms is successful talks to lease computing powerfulness to Anthropic ‌in a imaginable woody worthy arsenic ‌much arsenic $10 cardinal implicit 2 years, the New York ​Times reported connected Friday, citing 3 radical with cognition of the discussions.

Shares of the societal media elephantine somewhat pared losses connected the quality ‌to commercialized down ⁠nearly 3% amid a wider tech selloff.

Such a woody would assistance Meta ⁠diversify beyond its halfway advertizing concern by generating caller gross from its infrastructure investments and ​directly pitting ​it against CoreWeave and ​Nebius, arsenic increasing ‌adoption of precocious tools thrust up the request for computing capacity.

Anthropic had projected the woody successful June and Meta is considering it, the study said.

The Claude Code creator would wage Meta ‌in monthly increments implicit ​the two-year period, though the ​terms stay ​subject to change, NYT reported, adding ‌that some companies would person ​the enactment ​to exit the statement early.

Anthropic declined to comment, portion Meta did not instantly respond ​to Reuters' ‌request. Reuters could not independently verify the ​report.

(Reporting by Anhata Rooprai successful Bengaluru; ​Editing by Shilpi Majumdar)