Published by Global Banking & Finance Review®
Posted on February 26, 2026
1 min readLast updated: April 2, 2026
Add as preferred source on GoogleThe Information reports Meta signed a multiyear, multibillion-dollar deal to rent Google’s TPUs to build AI models. The pact could heighten competition with Nvidia as hyperscalers diversify compute.
Feb 26 (Reuters) - Meta Platforms has signed a multi-billion dollar deal to rent artificial intelligence chips from Google to develop new AI models, The Information reported on Thursday, citing a person involved in the talks.
The report of the multi-year deal comes as companies pour billions into chips and AI infrastructure to meet demand for artificial intelligence.
Reuters could not immediately verify the report.
Meta is also in talks with Google to buy the chips, known as tensor processing units, for its data centers as early as next year, though the status of those discussions could not be determined, The Information said.
Google has also signed an agreement with an unidentified large investment firm to fund a joint venture that would lease TPUs to other customers, the report added.
Meta and Google declined to Reuters' request for a comment.
(Reporting by Fabiola Arámburo in Mexico City; Editing by Maju Samuel and Sherry Jacob-Phillips)
Meta has reportedly agreed to rent Google’s tensor processing units (TPUs) in a multiyear, multibillion-dollar deal. The chips will support Meta’s development of new AI models.
The Information reported the agreement, saying Meta will rent Google’s TPUs over multiple years. Reuters noted both companies declined to comment at the time.
The deal signals rising demand for alternatives to Nvidia’s GPUs and could intensify competition in AI hardware, potentially shifting spending toward Google’s TPU ecosystem.
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