Meta internally projected it could spend as much as $10 billion annually on artificial intelligence models from rival Anthropic, according to a New York Times report citing people familiar with the matter. [1] This potential spending highlights the intricate 'frenemy' relationships forming in the highly competitive AI sector.
The projection is particularly notable given CEO Mark Zuckerberg's public criticism of the closed-off AI development approach favored by companies like Anthropic. [15, 16] The consideration illustrates that even major players developing their own AI may need to rely on and invest heavily in competitors' technology to remain at the cutting edge.