After OpenAI, Oracle may be in talks with Meta for cloud deal
Oracle is reportedly negotiating a multi-year cloud computing agreement with Meta, potentially valued at $20 billion, to bolster Meta's AI model training capabilities. This follows reports of OpenAI's massive $300 billion cloud deal with Oracle. Oracle is aggressively pursuing major cloud deals with AI companies, projecting substantial revenue growth for its OCI business.
Oracle is reportedly negotiating a multi-year cloud computing agreement with Meta, potentially valued at $20 billion, to bolster Meta's AI model training capabilities. This follows reports of OpenAI's massive $300 billion cloud deal with Oracle. Oracle is aggressively pursuing major cloud deals with AI companies, projecting substantial revenue growth for its OCI business.
