Oracle eyes $20 billion AI cloud computing deal with Meta, source says

Oracle, Meta in Talks for $20B in AI Cloud Computing

Oracle is in talks with Meta for a multi-year cloud computing deal worth nearly $20 billion, Bloomberg News reported Friday, citing people with knowledge of the matter.

Oracle shares spike on report of talks with Meta about $20B AI computing deal

CNBC's MacKenzie Sigalos reports on why shares of Oracle are spiking.

Oracle in talks with Meta on $20 billion AI cloud computing deal, Bloomberg News reports

Oracle is in talks with Meta for a multi-year cloud computing deal worth nearly $20 billion, Bloomberg News reported on Friday, citing people with knowledge of the matter. Oracle would provide the social media giant with computing power for training and deploying AI models, the report said, adding that the to

Oracle and Meta Discuss $20 Billion AI Cloud Deal

Read more about Oracle and Meta Discuss $20 Billion AI Cloud Deal on Devdiscourse.

Oracle in Talks With Meta on $20 Billion AI Cloud Computing Deal

Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider.

Oracle eyes $20 billion AI cloud computing deal with Meta, source says

Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's drive to secure faster access to computing power, a person familiar with the matter told Reuters on Friday.