Anthropic initiated discussions with Meta to lease AI computing resources worth up to $10 billion across two years. The negotiations aim to address ongoing shortages of Nvidia chips essential for Anthropic’s Claude AI model.
Reported by the New York Times, Anthropic proposed the deal to Meta in June. Meta is currently evaluating the offer while no binding contract has been finalized yet. Both parties retain the option to withdraw before completing the term.
If agreed, Anthropic would make monthly payments to Meta for the leased compute power. This potential contract would follow Anthropic’s May agreement with SpaceX, committing roughly $1.25 billion per month over three years for Nvidia GPUs at the Colossus 1 data center.
Demand for AI compute capacity continues to outpace supply, with Nvidia processors as a consistent bottleneck. Anthropic’s inability to scale Claude’s infrastructure fast enough has led to usage limits on its most advanced models.
The competitive scramble for GPU resources extends beyond Anthropic. Google pays SpaceX about $920 million monthly for GPUs and has recently rationed access to its Gemini AI model. Even Meta has been dependent on external compute capacity for its AI applications.
Meta CEO Mark Zuckerberg indicated in May that expanding into cloud computing, including leasing AI infrastructure, is part of the company’s plan to convert its AI investments into revenue streams beyond internal product improvements.
This content is for informational purposes and not investment advice.
