Zhi Tong Cai Jing·2025-08-22 01:53Group 1 - Meta Platforms has entered into a cloud computing service agreement with Google worth at least $10 billion, aimed at enhancing its AI capabilities [1] - The agreement marks the first significant cloud computing collaboration between Meta and Google, with Meta committing to pay at least $10 billion over six years for Google Cloud's server and storage services [1] - Meta's CEO, Mark Zuckerberg, has pledged to invest hundreds of billions in AI and related infrastructure, despite already owning over 20 data centers and expanding operations [1] Group 2 - Google Cloud has previously collaborated with Meta but has never been a formal cloud infrastructure provider for the company [2] - The recent agreement is part of Google Cloud's strategy to offer flexible "one-stop AI services," allowing businesses and developers to easily access Meta's open-source AI model, Llama [2] - Analysts from Bloomberg Intelligence noted that the multi-year agreement highlights Google Cloud's competitive token pricing compared to other major cloud service providers [2]