Meta pivots to reselling AI compute as Wall Street presses capex

Meta is moving to sell AI computing capacity and model access to outside customers, a reversal for a company that has kept its data centers strictly internal even as rivals built cloud businesses around theirs. Meta is reportedly negotiating a roughly $10 billion, two-year deal to lease compute to Anthropic, according to Reuters reporting cited by Bisnow, though Meta has not confirmed the terms. CEO Mark Zuckerberg has acknowledged the shift directly: “We’re getting a lot of offers for compute at a significant premium over what we paid for it.”

Why it matters

For developers and site selectors underwriting data centers built for third-party tenants rather than a single owner-occupier, this is a demand-side data point. If a hyperscaler with no history of external cloud sales is now shopping spare capacity, that confirms outside demand for compute is deep enough to absorb supply beyond what any one buyer needs internally. It does not prove Meta will keep leasing space long-term, and it does not tell developers anything about site-level lease terms, since Meta has not disclosed where this capacity sits or who besides Anthropic is buying. Treat it as evidence the leasing market exists, not as a new tenant to underwrite against.