Story perspectives
Oracle Negotiates $20 Billion Cloud Deal with Meta
9/20/2025
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Story summary
- Oracle is in talks for a $20 billion cloud computing deal with Meta to boost Meta's AI capabilities.
- This agreement would enhance Meta's cloud services by providing more computing power for AI model training.
- Neither Meta nor Oracle has publicly addressed the negotiations.
- The potential deal follows OpenAI's $300 billion contract with Oracle for computing power.
- Oracle expects to secure more multi-billion-dollar contracts, projecting OCI revenue to surpass half a trillion dollars.
