Meta is in advanced negotiations to offer private cloud instances of Anthropic’s Claude AI models in a deal estimated at around $10 billion over two years, according to a report by SemiAnalysis on July 2. The arrangement would turn Meta into something resembling a cloud provider, hosting a competitor’s AI models through its own infrastructure. Separately, TeraWulf, a publicly traded Bitcoin mining company, signed a 20-year lease with Anthropic on July 6 worth approximately $19 billion for an AI data center. CoreWeave has secured major partnerships with both Meta and Anthropic totaling $21 billion in 2026.