17 Sources
[1]
Meta's AI Push Leads to $10 Billion Google Cloud Deal, Report Says
According to Bloomberg, Meta will pay at least $10 billion over six years to use Google Cloud servers and storage to expand its AI capabilities. Eager to establish dominance in artificial intelligence, Meta has signed up to use cloud-computing services from Google Cloud in a deal worth at least
[2]
Meta Signs $10 Billion Google Cloud Computing Deal Amid AI Race
Meta Platforms Inc. has agreed to a deal worth at least $10 billion with Alphabet Inc.'s Google for cloud computing services, according to people familiar with the matter, part of the social media giant's spending spree on artificial intelligence. Facebook and Instagram's parent company will pay a
[3]
Meta signs over $10 billion cloud deal with Google, source says
Aug 21 (Reuters) - Google (GOOGL.O), opens new tab has struck a cloud computing deal with Meta Platforms (META.O), opens new tab worth more than $10 billion, a source familiar with the matter told Reuters on Thursday. Under the agreement, Meta will use Google Cloud's servers, storage, networking
[4]
Google scores six-year Meta cloud deal worth over $10 billion
The agreement spans six years, said the people, who asked not to be named because the terms are confidential. The deal was reported earlier by The Information. Google is aiming to land big cloud contracts as it chases larger rivals Amazon Web Services and Microsoft Azure in cloud infrastructure.
[5]
Meta clinches mega $10 billion cloud deal with Google
Meta has agreed to spend at least $10 billion on Google Cloud services in a six-year deal, marking the first major cloud deal between the two giants. The reports, according to two people familiar with the matter, suggest Meta could use Google Cloud servers and storage for its AI infrastructure,
[6]
Meta makes huge cloud computing deal with Google: source
Meta has made a cloud computing deal with Google worth more than $10 billion over the course of six years, a source close to the transaction told AFP Thursday. The source confirmed a report at tech news outlet The Information about the arrangement, which will include Meta using Google datacenter
[7]
Meta makes huge cloud computing deal with Google: source
San Francisco (United States) (AFP) - Meta has made a cloud computing deal with Google worth more than $10 billion over the course of six years, a source close to the transaction told AFP Thursday. The source confirmed a report at tech news outlet The Information about the arrangement, which will
[8]
Meta Strikes $10 Billion Cloud Deal with Google | AIM
Meta also lifted its capital expenditure guidance last month, raising the lower end of its forecast by $2 billion. Meta has signed a six-year cloud computing agreement with Google, valued at more than $10 billion, The Information has reported. The deal, which covers servers, storage, networking and
[9]
Reports: Meta signs $10bn deal to use Google cloud
Meta said that it expects to spend up to $118bn this year as it ramps up AI-related investments. Meta will be paying more than $10bn to use Google's cloud services for six years, news outlets reported yesterday (21 August). Sources told outlets that the Facebook owner's deal with Google Cloud is
[10]
Meta reportedly inks $10B+ cloud deal with Google - SiliconANGLE
Meta Platforms Inc. has reportedly signed a cloud deal with Google LLC that will be worth more than $10 billion over six years. Sources told Reuters on Thursday that the agreement encompasses servers, storage, networking and "other services." The deal comes weeks after Meta announced plans to
[11]
Google Lands $10 Billion-Plus Cloud Deal With Meta Focused on AI, Reports Say
Google reportedly struck a cloud deal in June with OpenAI, which had earlier relied on Microsoft's Azure infrastructure. Meta Platforms (META) has reportedly agreed to spend more than $10 billion on cloud services from Google, as the search giant seeks to catch up with larger rivals in the space,
[12]
Meta signs $10 billion-plus cloud deal with Google - The Economic Times
Meta has struck a $10 billion, six-year cloud computing deal with Google, marking one of the largest in Google Cloud's history. The agreement supports Meta's major AI push, including infrastructure expansion and talent acquisition, as CEO Mark Zuckerberg aims to develop "personal superintelligence"
[13]
Meta inks £10 billion cloud deal with Google
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Meta will pay $10 billion over six years to use Google Cloud to power AI tools. This is in line with Meta CEO Mark Zuckerberg's plan to hyperscale AI
[14]
Mark Zuckerberg's Meta Strikes $10 Billion Cloud Pact with Google To Power AI Ambitions Despite Tech Rivalry: Report - Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN)
Meta Platforms Inc. META has reportedly signed an agreement to spend more than $10 billion on Alphabet Inc.'s GOOG GOOGL Google Cloud services. Meta Inks Six-Year AI Cloud Deal With Google To Boost Llama Models The deal spans six years and is largely focused on AI infrastructure, reported CNBC,
[15]
Meta signs over US$10 billion cloud deal with Google, source says
Google has struck a cloud computing deal with Meta Platforms worth more than US$10 billion, a source familiar with the matter told Reuters on Thursday. Under the agreement, Meta will use Google Cloud's servers, storage, networking and other services, the source added. Google and Meta did not
[16]
Meta signs $10 billion cloud deal with Google
Aug 21 (Reuters) - Google has struck a six-year cloud computing deal with Meta Platforms worth more than $10 billion, a source familiar with the matter told Reuters on Thursday, the search giant's second big agreement recently after one with OpenAI. Under the agreement, Meta will use Google
[17]
Meta signs cloud contract worth over $10bn with Google
Meta has signed a major agreement with Alphabet to use its cloud services, worth more than $10bn over six years. This move reflects the explosion in computing power requirements for artificial intelligence and Mark Zuckerberg's desire to diversify his technological support. Until now, Meta has
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Meta Platforms has signed a six-year, $10 billion deal with Google Cloud to expand its AI infrastructure, marking a significant move in the ongoing AI race among tech giants.
Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has made a significant move in the ongoing artificial intelligence (AI) race by signing a cloud computing deal with Google worth at least $10 billion
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. This six-year agreement will allow Meta to leverage Google Cloud's servers and storage to rapidly expand its AI capabilities2
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Source: Benzinga
The partnership between these tech giants is noteworthy for several reasons:
It underscores Meta's aggressive push into AI, following CEO Mark Zuckerberg's earlier comments about investing hundreds of billions of dollars in AI infrastructure
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.The deal provides Meta with the necessary computing power to compete effectively in the AI tools and services market across its platforms
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.For Google, this agreement strengthens its position in the cloud computing market, where it currently trails behind Amazon Web Services (AWS) and Microsoft Azure
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.Meta's investment in AI infrastructure is not limited to this deal with Google. The company is also:
Building its own AI data centers, including a 4-million-square-foot facility in Louisiana called Hyperion, set to open by 2030
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.Continuing to develop its Llama AI platform and rolling out new AI tools across its services, such as AI translations for Facebook and Instagram
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Source: SiliconANGLE
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.Related Stories
This deal has broader implications for the cloud computing industry:
It reinforces the growing importance of cloud services in supporting AI development and deployment
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.The agreement adds to Meta's existing multi-cloud strategy, as the company already uses services from AWS and Microsoft Azure
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.It follows a trend of major AI companies diversifying their cloud partnerships, as seen with OpenAI's recent agreement with Google Cloud
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Source: Tech Xplore
The deal is expected to have significant financial implications:
Google Cloud reported $13.6 billion in revenue for the second quarter of 2025, marking a 32% year-over-year increase
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.Meta's revenue saw a 22% rise in its second quarter, aligning with its projected increase in expenses for 2025
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.As the AI race intensifies, this partnership between Meta and Google Cloud signifies the growing interdependence of major tech companies in the pursuit of AI dominance. It also highlights the crucial role of cloud infrastructure in enabling the next generation of AI-powered services and applications.
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