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Barchart
Barchart
Wajeeh Khan

The $10 Billion Reason META Stock Is in Focus Today

Meta Platforms (META) is in focus on Friday following a report that the company is in early-stage discussions with Anthropic to lease computing power from its AI data centers in a deal potentially worth up to $10 billion over two years.

Anthropic reportedly proposed the arrangement in June, with payments structured as monthly installments and both parties retaining the option to exit early. The negotiations remain fluid and may not result in a finalized agreement.

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