Essential insights
- It has been reported that Meta has secured a partnership with Google to access its cloud services for the coming six years.
- Sources indicate the partnership was valued at $10 billion, granting access to Google’s cloud infrastructure, storage, and additional resources.
- Observers note that Meta is enhancing its commitment to AI, a focus highlighted in its Q2 2025 earnings statement.
- Meta plans to boost its revenue potential for AI, estimating figures between $66 billion and $72 billion in 2025.
Reports have emerged regarding a significant agreement made between Meta and Google for cloud services.
The agreement was reportedly finalized last Thursday (Aug 21), as indicated by a source that Reuters reported. These sources allege that Meta has secured a contract with Google worth $10 billion, consisting of a “six-year” agreement for utilizing the latter’s cloud services. It has been disclosed that Meta will utilize Google’s cloud storage, networking, servers, and “other offerings.”
The source cited by Reuters did not provide further specifics regarding the Meta and Google agreement. However, the article mentions <a data-analytics-id="inline-link" href="https://go.redirectingat.com/?id=92X1690538&xcust=ac_us_2821719635730584119&