Meta and Anthropic are in discussions for a potential $10 billion deal. The agreement would see Meta lease computing power from its data centers to Anthropic. Anthropic plans to use the resources to develop its Claude AI models.
This move signals Meta's strategic push into the AI cloud services market. The company aims to compete directly with established hyperscalers like Amazon Web Services, Microsoft Azure, and Google Cloud.
The talks are occurring as Anthropic prepares for a highly anticipated IPO, reportedly scheduled for October 2026. Market analysts view the potential deal as a strong vote of confidence in Anthropic's growth trajectory. The company's valuation is currently targeted to reach $1.25 trillion by the end of 2026.
Neither Meta nor Anthropic has officially confirmed the negotiations. The outcome of these discussions will be a key indicator for investors watching Anthropic's path to its IPO and valuation target.