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41 days agoOracle in Talks with Meta for $20B AI Cloud Computing Deal
Oracle is in advanced discussions with Meta for a multi-year cloud services deal worth around $20 billion. Under the proposed agreement, Oracle would supply substantial computing power to support Meta’s AI model training and deployment, complementing Meta’s existing providers. This follows Oracle’s earlier deal to provide cloud services to OpenAI, underlining a strategic push into AI infrastructure. The deal signals rising demand for cloud capacity and could shift market dynamics in cloud service competition.
positive
41 days agoOracle in Talks with Meta for $20B AI Cloud Computing Deal
Oracle is in advanced discussions with Meta for a multi-year cloud services deal worth around $20 billion. Under the proposed agreement, Oracle would supply substantial computing power to support Meta’s AI model training and deployment, complementing Meta’s existing providers. This follows Oracle’s earlier deal to provide cloud services to OpenAI, underlining a strategic push into AI infrastructure. The deal signals rising demand for cloud capacity and could shift market dynamics in cloud service competition.
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Oracle in Talks with Meta for $20B AI Cloud Computing Deal
about 1 month ago
1 min read
74 words
Oracle eyes $20B deal with Meta to power AI infrastructure amid growing cloud demand.
Oracle is in advanced discussions with Meta for a multi-year cloud services deal worth around $20 billion. Under the proposed agreement, Oracle would supply substantial computing power to support Meta’s AI model training and deployment, complementing Meta’s existing providers. This follows Oracle’s earlier deal to provide cloud services to OpenAI, underlining a strategic push into AI infrastructure. The deal signals rising demand for cloud capacity and could shift market dynamics in cloud service competition.
Oracle is in advanced discussions with Meta for a multi-year cloud services deal worth around $20 billion. Under the proposed agreement, Oracle would supply substantial computing power to support Meta’s AI model training and deployment, complementing Meta’s existing providers. This follows Oracle’s earlier deal to provide cloud services to OpenAI, underlining a strategic push into AI infrastructure. The deal signals rising demand for cloud capacity and could shift market dynamics in cloud service competition.
Companies:
Oracle
Meta
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Oracle
Meta
Oracle
Meta
cloud computing
AI infrastructure
contracts
Sep 20, 2025 • 17:11 IST