Overview

• Two people familiar with the matter say Meta agreed to spend more than $10 billion on Google Cloud over six years, a deal first reported by The Information with terms kept confidential.
• One source said the arrangement centers on artificial intelligence infrastructure, and another described it as including Google data center servers, storage, networking and related services.
• Meta declined to comment, and the company continues to run its own data centers while maintaining cloud commitments with Amazon Web Services and Microsoft Azure.
• Google Cloud is pursuing large strategic customers as it trails AWS and Azure, and Alphabet reported second-quarter revenue of $13.6 billion for the unit with $2.83 billion in operating income and 32% growth.
• Meta has ramped AI spending, guiding 2025 expenses to $114–$118 billion, lifting quarterly capital expenditures to $17 billion and projecting 2025 capex of $66–$72 billion.