Meta struck a massive $10B AI cloud hosting deal with Google, boosting Google’s cloud revenue and solidifying Meta’s AI expansion plans.

Google has struck a six-year cloud computing deal with Meta Platforms worth more than $10 billion, a source familiar with the matter told Reuters on Thursday, the search giant's second big agreement recently after one with OpenAI.

Meta has signed a six-year deal to use Google’s cloud-computing services as it builds out its AI infrastructure.