Meta is reportedly negotiating a multi-year cloud computing deal worth about $20 billion with Oracle, aiming to supercharge its AI infrastructure by securing more capacity to train and deploy advanced models. Reuters
The proposed agreement would supplement Meta’s existing cloud partnerships, reflecting a broader industry trend of massive investments in cloud capacity to stay competitive in AI. Oracle’s recent deals with OpenAI and others make it a key player in this space. Reuters
If finalized, this deal could be one of the biggest cloud contracts of the year, reinforcing Oracle’s expanding role in powering AI workloads and underscoring Meta’s commitment to pushing faster innovation. Reuters
