Aug 21 (Reuters) - Google has struck a cloud
computing deal with Meta Platforms ( META ) 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 and other services, the source added.
Google and Meta did not immediately respond to requests for
comment.
The deal was first reported by the Information.
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.
In June, Reuters reported that OpenAI was planning to add
Alphabet's Google Cloud service to meet its growing needs for
computing capacity.
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.