Inbizzy — Meta Platforms Inc. has officially signed a six-year cloud services agreement with Google Cloud valued at more than $10 billion. The deal aims to strengthen Meta’s cloud infrastructure as the company ramps up its investments in artificial intelligence (AI).
The agreement allows Meta to leverage Google Cloud’s infrastructure services—including large-scale data storage, computing networks, and server capacity—to support its growing AI operations. The move is seen as part of Meta’s long-term strategy to build the high-capacity computing infrastructure needed for next-generation AI technologies.
Driving AI Infrastructure Expansion
The deal aligns with investment plans previously outlined by Meta CEO Mark Zuckerberg, who has targeted the construction of AI data centers across multiple regions. In July, Meta raised its annual capital expenditure forecast to $66 billion–$72 billion to accelerate the development of its AI infrastructure.
As part of its funding strategy, Meta is reportedly considering selling $2 billion worth of data center assets to help finance these large-scale AI initiatives.
Growth Momentum for Google Cloud
For Google, the agreement further strengthens its position in the cloud computing market. Google Cloud reported 32% revenue growth in the second quarter of 2025, reflecting surging demand for AI-optimized cloud services across industries.
The Meta deal follows a similar agreement Google signed with OpenAI, signaling a shift in the tech sector where strategic collaboration is increasingly replacing head-to-head competition.
Strategic Implications for the AI Industry
Industry analysts view this deal as a critical turning point in the global AI infrastructure race. With computing power requirements growing rapidly, collaboration among major tech companies is seen as essential to sustaining innovation and accelerating AI adoption worldwide.
Meanwhile, the stock market reacted mixed to the announcement. Google’s stock rose 0.2% to $199.75, while Meta’s shares fell 1.15% to $739.10, reflecting investor sentiment toward AI investment strategies amid market volatility.
