19-July-2026
Corporate News
 
Meta, Anthropic in Talks for Potential $10 Billion Compute Lease Deal, Source Says
18-Jul-2026

Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to $10 billion over two years, according to a source familiar with the matter. Shares of the social media giant pared losses slightly after the news and closed down more than 2% amid a wider tech selloff on Friday. They were down marginally in extended trading.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-17/meta-in-talks-for-10-billion-anthropic-compute-deal-nyt-reports