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Meta in talks to lease up to $10 billion of AI compute capacity
The data-center push comes as a projected U.S. electricity supply gap of more than 100 gigawatts by 2030 keeps power a binding constraint for AI deployments.
Meta Platforms is reportedly in talks to lease as much as $10 billion in data center compute capacity to Anthropic, as the company pivots further toward commercial cloud services amid a national power grid shortage, according to MarketBeat Ratings.
The outlet says the bottleneck for artificial intelligence is shifting from obtaining chips to finding an energized place to run them, with a U.S. electricity supply gap projected to exceed 100 gigawatts by 2030.
MarketBeat Ratings adds that the grid upgrade effort, which depends on high-voltage transformers and transmission lines, faces multi-year manufacturing backlogs, giving companies with existing data center footprints, power purchase agreements, and capacity infrastructure an edge.
Meta is also pursuing a planned expansion through its internal initiative, Meta Compute, targeting roughly 14 gigawatts of AI compute capacity by 2027, while management projects total spending of $125 billion to $145 billion in 2026, focused on AI hardware and data center growth.