Meta Platforms (NASDAQ: META) recovered from an earlier 5.7% decline after reports suggested the company was discussing a major artificial intelligence computing agreement with Anthropic.
Meta shares reduced their losses to around 3% following news that the technology group could lease part of its AI data-centre capacity to the AI startup in a deal reportedly worth $10 billion.
Meta and Anthropic Discuss AI Computing Deal
According to a New York Times report, Anthropic proposed the agreement in June.
Under the potential deal, Anthropic would pay Meta monthly over a two-year period in exchange for access to the company’s AI data centres.
Both companies would reportedly have the right to end the agreement before the full two-year term expires.
The talks remain at an early stage, and no final agreement has been announced.
Deal Could Create New Revenue Stream for Meta
The proposed arrangement could establish a new business line for Meta.
The company has invested heavily in data centres, specialised processors and other infrastructure needed to develop and operate advanced AI models.
Leasing unused computing capacity could allow Meta to generate additional revenue from those investments.
It could also help the company improve the financial return on infrastructure that may not always be required for its own internal workloads.
Anthropic Seeks More Computing Capacity
Anthropic would gain access to the specialised hardware and computing power needed to train and deploy its artificial intelligence models.
Demand for AI infrastructure has increased rapidly as technology companies compete to build more capable systems.
However, access to advanced chips and large-scale data centres remains limited.
This shortage has made computing capacity one of the most valuable resources in the artificial intelligence industry.
Agreement Resembles Larger SpaceX Deal
The reported structure is similar to a larger computing agreement Anthropic signed with SpaceX in May.
Under that deal, Anthropic is reportedly paying SpaceX $45 billion over three years for access to computing power.
The agreements highlight how AI developers are increasingly turning to major technology and infrastructure companies to secure long-term capacity.
AI Computing Shortage Drives Major Deals
The race to develop advanced AI models requires enormous amounts of processing power.
Companies need specialised hardware, reliable electricity supplies and large data centres capable of handling intensive workloads.
As demand grows faster than available supply, AI businesses are competing aggressively for computing resources.
This has created opportunities for companies such as Meta to lease excess capacity to outside customers.
Meta Expands AI Infrastructure Strategy
Meta has made artificial intelligence a central part of its wider technology strategy.
The company continues to invest in AI research, data-centre expansion and tools for its social media and advertising platforms.
A deal with Anthropic would show that Meta may also be willing to commercialise parts of its infrastructure.
This could allow the company to compete more directly in the fast-growing AI computing market.
Meta Stock Reacts to Deal Report
Investors responded positively to the possibility of a new source of AI-related revenue.
Although Meta shares remained lower on the day, the stock recovered part of its earlier decline after the report emerged.
The market reaction suggests that investors see potential value in Meta monetising its large computing network.
However, the financial impact will depend on whether the companies reach a final agreement and how much capacity Meta provides.
Talks Remain at an Early Stage
The proposed $10 billion agreement has not yet been completed.
Both companies could still change the terms or abandon the negotiations.
Investors will therefore watch for confirmation from Meta or Anthropic, as well as further details about pricing, capacity and the timing of the potential partnership.
