Meta internally estimated around April that its full-year spending on Anthropic services could reach $10 billion, but revised the June projection to "several billion dollars" after shutting down an employee token-use competition and shifting demand to internal tools. Meta still spends hundreds of millions of dollars monthly on Anthropic products, including Claude Code, and used Anthropic models to develop and test its Hatch AI agent. Anthropic has also proposed buying up to $10 billion of Meta data-center capacity over two years, although no agreement has been announced. The changing relationship adds uncertainty to Anthropic's potential IPO, which could value the company at up to $2 trillion, while Anthropic separately expands multiyear compute commitments.