Meta Projected Spending of Up to $10 Billion a Year on Anthropic's AI Tools

Meta has drawn up a projection under which it could spend up to $10 billion per year on Anthropic's artificial intelligence tools, according to a report by The New York Times.

The report frames the figure as an illustration of how tangled commercial relationships have become in the AI race, where the same companies can be competitors on one front and customer or supplier on another. The Times describes this as a "frenemy" dynamic.

The available summary does not specify the period covered by the projection, which products or services it includes, or whether it represents a binding commitment. It therefore remains unclear at this level of detail whether the number reflects a spending ceiling or a signed contract value.

Full details are available in The New York Times report.