Meta Platforms (META) has spent years pouring tens of billions of dollars into artificial intelligence (AI). Investors have largely accepted those investments because advertising profits have remained exceptionally strong, but one question has lingered over the stock: When will Meta actually make money from its AI infrastructure?
That question is becoming much more important after reports surfaced that Anthropic is discussing a compute-leasing agreement with Meta that could be worth as much as $10 billion over two years. If completed, the arrangement would represent one of the first major examples of Meta generating direct revenue from the massive AI data centers it has been building.