Catenaa, Friday, August 22, 2025- Google has struck a six-year cloud computing deal with Meta Platforms worth more than $10 billion, Reuters reported Thursday.
This is the search giant’s second big agreement recently, after one with OpenAI, and under the agreement, Meta will use Google Cloud’s servers, storage, networking and other services, the report said, quoting sources.
The news comes after Meta CEO Mark Zuckerberg’s comments in July that the company would spend hundreds of billions of dollars to build several massive AI data centers.
The company raised the bottom end of its annual capital expenditures forecast by $2 billion, to a range of $66 billion to $72 billion last month.
Meta is seeking outside partners to help it fund the massive infrastructure needed to power AI by offloading $2 billion in data center assets, the company disclosed in a filing earlier this month.
In June, Reuters reported that OpenAI was planning to add Alphabet’s Google Cloud service to meet its growing needs for computing capacity, a surprising collaboration between two prominent competitors in the artificial intelligence sector.
Google’s cloud business has been experiencing significant growth. In July, Alphabet reported that its second-quarter Google Cloud revenue increased 32% year-over-year to $13.62 billion, as the tech giant posted quarterly results that exceeded expectations.
Alphabet shares rose 1.25% on Friday morning, while Meta shares down by 0.1% following the news.
