Hua Er Jie Jian Wen·2025-08-22 00:52Group 1 - Google Cloud has secured a historic agreement with Meta, allowing the latter to utilize Google Cloud's services for a six-year contract valued at over $10 billion, marking one of the largest contracts since Google Cloud's inception 17 years ago [1] - The deal comes as Meta is significantly expanding its computing capabilities, with CEO Mark Zuckerberg stating the company will invest "hundreds of billions" to support its AI ambitions [1][2] - This agreement positions Meta as one of the largest cloud customers globally, alongside Apple and OpenAI, enhancing its ability to serve users and providing leverage in negotiations with Amazon and Microsoft [2] Group 2 - The partnership between Google and Meta exemplifies the complex relationships among tech giants, as both companies compete in digital advertising, AI, and virtual/augmented reality while collaborating on critical infrastructure [3] - Historically, the two companies have even entered into secret agreements to address common business threats, indicating a trend where companies may rely on competitors for essential services [4] - Winning Meta as a client further solidifies Google Cloud's market position, as it already serves major clients like Apple, which uses Google servers for iCloud data storage [4]