news in 60 seconds
← Back to home
Tech56 min ago

Meta in Talks to Lease AI Computing Power to Anthropic in Potential $10 Billion Deal

By TrendingWire Newsroom

Meta Platforms is in early discussions to lease computing power to Anthropic, an artificial intelligence startup, according to sources familiar with the matter. The potential deal could be worth up to $10 billion, underscoring the high demand for computing resources needed for AI development. If finalized, the arrangement would provide Anthropic with critical infrastructure to train its AI models, while also creating a new revenue stream for Meta. The talks are still in preliminary stages and may not lead to a final agreement. The scarcity of computing power has become a major challenge for AI companies, driving such partnerships. Meta, which operates large data centers, could leverage its infrastructure to support other firms. Both companies have declined to comment on the negotiations.

Sources: NYT, CNBC
More in Tech
Tech1 hr ago
Zoox Recalls Robotaxi Software After Vehicle Drives Into Smoke from Emergency Scene
Amazon-owned self-driving car company Zoox has issued a software recall after one of its unoccupied robotaxis drove into heavy smoke from an active fire scene last month. The incident occurred when the vehicle, operating
TechCrunch, CNBC
Tech2 hr ago
Teen's Free AI App Helps Families Cut Food Waste and Save Money
A Virginia teenager has created a free artificial intelligence app that helps families save money by using ingredients they already have at home. The app, called Grocery Genius, uses AI to generate recipes based on what
Fox News
Tech2 hr ago
Remarkable Launches Paper Pure, the Successor to Remarkable 2
Remarkable has released its latest e-ink tablet, the Paper Pure, which replaces the older Remarkable 2. The company is known for making devices that mimic the experience of writing on paper. The new Paper Pure aims to im
TechCrunch
Tech2 hr ago
Apple Reclaims Top Spot as World's Most Valuable Company
Apple has overtaken Nvidia to become the world's most valuable company by market capitalization. On Friday, Apple's shares rose 0.4%, lifting its market value to $4.9 trillion, while Nvidia's stock dropped 3.7%, reducing
NDTV World, CNBC
Tech3 hr ago
India's First Hydrogen Train to Run on Jind-Sonipat Route
India has joined a small group of nations using hydrogen-powered trains. The country's first hydrogen train will operate on the Jind-Sonipat route. Officials chose this route because of low traffic and good infrastructur
Times of India
Tech3 hr ago
New Method Tests Quantum Computer Gates Without Looking Inside
Quantum computers, which use the strange rules of quantum mechanics to process information, have the potential to solve certain problems that are too complex for today's classical computers. However, one major hurdle is
Phys.org