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Oracle negotiates $20B cloud deal with Meta for AI computing, pending confirmation.
Oracle is reportedly in talks with Meta for a multi-year cloud deal worth nearly $20 billion to supply computing resources for training and deploying AI models, according to Bloomberg, citing sources familiar with the matter.
The agreement, still pending final terms, would support Meta’s AI ambitions and reflect rising demand for scalable cloud infrastructure.
While neither company has confirmed the reports, Oracle has recently secured major cloud partnerships with OpenAI, Microsoft, Google, NVIDIA, AMD, and TikTok, strengthening its position in the AI cloud market amid intense competition with Amazon Web Services, Microsoft Azure, and Google Cloud.
Oracle negocia un acuerdo de $ 20 mil millones en la nube con Meta para computación de IA, en espera de confirmación.