CNBC August 22, 2025
Key Points
– Google won a $10 billion cloud contract from Meta spanning six years, according to two people familiar with the matter.
– Meta has largely been reliant on Amazon Web Services for cloud infrastructure though it also uses Microsoft Azure.
– All of the big internet companies are spending heavily on cloud infrastructure as they build out to meet demand for artificial intelligence workloads.
Meta has agreed to spend more than $10 billion on Google cloud services, according to two people familiar with the matter.
The agreement spans six years, said the people, who asked not to be named because the terms are confidential. The deal was reported earlier by The Information.
Google is aiming to land big...
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