Mark Zuckerberg's Meta Is in Talks for a $10 Billion Anthropic Deal That Would Make Meta the Fourth Major Cloud Provider. Meta Stock Reports Q2 Earnings on July 29.

Meta is in talks for a $10 billion deal with Anthropic to lease cloud computing capacity, potentially positioning itself as a fourth major cloud provider. The company plans to spend $125-145 billion on capex in 2026 for AI development. Meta trades at a P/E ratio of 23 (lowest among Magnificent Seven stocks) with 33% YoY revenue growth, but investors remain uncertain about long-term growth prospects beyond digital advertising, which accounts for 98% of revenue.