Meta in Talks for $10 Billion Anthropic Compute Lease Deal

What happened

Meta Platforms is in early talks to lease computing capacity to Anthropic in a deal potentially worth up to $10 billion over two years, paid in monthly installments. First reported by the New York Times on July 17, 2026 and confirmed by CNBC and Reuters.

Context and impact

The deal follows Anthropic's prior compute arrangement with SpaceX's Colossus data center ($45B, May 2026). For Meta, leasing compute externally would mark its first entry into the commercial compute rental market, competing with CoreWeave and Nebius. It coincides with Meta's reported Meta Compute commercial cloud plans.

Details

• Deal size: up to $10B over 2 years, paid monthly
• Anthropic reportedly proposed the deal in June 2026
• Talks are early-stage; no binding agreement confirmed
• Meta is building a $50B data center campus in Louisiana (5 GW by 2027)
• Meta recently hired AWS executive Dave Brown to lead infrastructure expansion