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00:02Meta Platforms is reportedly negotiating a deal to rent AI data center capacity to Anthropic
00:09for up to $10 billion over two years, according to a report in the New York Times reported on
00:15Friday. Anthropic proposed the arrangement in June, though the terms remain fluid and
00:20both companies could exit early. Meta and Anthropic did not immediately respond to
00:25Benzinga's request for comment. The potential agreement is about one-third the size of
00:30Anthropic's $45 billion computing deal with SpaceX. Meta plans to spend up to $145 billion
00:37on capital expenditures in 2026, more than double its 2025 spending.
00:43CEO Mark Zuckerberg previously said the company could sell excess computing capacity if it overbuilds.
00:49Meta has also reached compute agreements with CoreWeave and Nebius.
00:54Anthropic's web traffic share nearly doubled from March to June,
00:57boosting its position as it seeks more computing capacity to meet demand.
01:01For all things money, visit Benzinga.com.
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