Meta has reportedly inked a $10 billion deal with Google for the use of its cloud services.

Meta Platforms Inc. has agreed to a deal worth at least $10 billion with Alphabet Inc.’s Google for cloud computing services, according to people familiar with the matter, part of the social media giant’s spending spree on artificial intelligence.

A report stated that Meta has signed a new deal with Google to use its cloud-based services for the next six years.