TLDR Tech / AI
Meta in Talks to Lease Computing Power to Anthropic in Potential $10 Billion Deal
Anthropic proposed a computing deal with Meta in June that could be worth as much as $10 billion over two years. Meta is considering the deal, which would involve monthly payments and the option to opt out of any agreement early. The talks show how demand for more computing power is still high. The deal could open up a new line of business for Meta and provide Meta with a new revenue stream until demand for its own AI services catches up.
Read the full story