Meta (META.US) and Google (GOOGL.US) reach a major milestone in cloud cooperation, adding billions of dollars to the AI competition.

According to the Zhitong Financial APP, informed sources revealed that Meta Platforms (META.US) has reached a cloud computing service agreement with Google (GOOGL.US) worth at least $10 billion. This is one of the initiatives in the field of artificial intelligence (AI) in which this social media giant is making large-scale investments.