Meta Platforms has signed a six-year cloud computing deal with Google worth more than $10 billion, according to a source familiar with the matter. The agreement marks one of Google’s biggest cloud partnerships yet, following a similar deal with OpenAI.
Meta Partners with Google Cloud for Infrastructure Needs
Under the agreement, Meta will rely on Google Cloud for servers, storage, networking, and other key services. The deal underscores Meta’s aggressive push to scale up its AI infrastructure as it competes with rivals in the global artificial intelligence race.
The source, who requested anonymity because discussions remain confidential, confirmed the multi-billion-dollar deal on Thursday.
Zuckerberg’s Massive AI Investment Plans
The deal comes shortly after Meta CEO Mark Zuckerberg revealed that the company expects to spend hundreds of billions of dollars to build massive AI data centres over the coming years.
In July, Meta raised its annual capital expenditures forecast by $2 billion, increasing the range to $66 billion–$72 billion. This highlights the scale of Meta’s infrastructure ambitions as AI becomes central to its business strategy.
Offloading Data Centre Assets to Fund AI
To support these heavy investments, Meta is also seeking outside partners. The company disclosed in a recent filing that it plans to offload $2 billion in data centre assets, helping free up resources to fund new AI-focused infrastructure.
Google Cloud Strengthens AI Position
For Google, this agreement represents a major win in the highly competitive cloud computing market. The deal follows Google Cloud’s recent partnership with OpenAI, solidifying its role as a key infrastructure provider for companies building large-scale AI systems.
With Meta joining its roster of top clients, Google Cloud is strengthening its position against rivals Amazon Web Services (AWS) and Microsoft Azure in the battle for AI-driven cloud dominance.
Key Takeaways
- Meta signs $10 billion cloud deal with Google spanning six years.
- The agreement covers Google Cloud servers, storage, networking, and services.
- Zuckerberg projects hundreds of billions in AI data centre spending.
- Meta raises capex forecast to $66B–$72B in 2025.
- Plans to offload $2B in data centre assets to fund expansion.
- Deal strengthens Google Cloud’s position against AWS and Microsoft Azure.
