Google scores six-year Meta cloud deal worth over $10 billion

Meta He agreed to spend more than 10 billion dollars Google Cloud services according to two people familiar with the subject.

People who want the agreement to be named for six years, because the conditions are hidden. The agreement has been reported earlier Information.

Google aims to make big cloud contracts while chasing larger competitors Amazon Web Services and Microsoft Azure in cloud infrastructure. Earlier this year, Google won the cloud from Openai, who had previously deeply dependent on Microsoft’s Azure infrastructure.

In July, Alphabet said that the Google Cloud unit, which includes productivity software subscriptions in addition to the infrastructure, produced $ 2.83 billion in revenue with $ 13.6 billion in the second quarter. The 32% revenue increase left behind 13.8% expansion for the company as a whole.

Meta’s agreement with Google is mainly around the artificial intelligence infrastructure, he said. Meta, in a earnings report last month, expects the total costs of 2025 to arrive between $ 114 billion and $ 118 billion. Artificial intelligence infrastructure and abilities invest in great investments, build the Lama model family and add AI to the service portfolio.

Meta and Google have long been competing in online ads. However, the commod needs all the cloud infrastructure it can access. Company operates data centers and did it Commitments to use cloud services Amazon And Microsoft.

Google refrained from commenting.

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