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Oracle Negotiates $20 Billion AI Cloud Deal with Meta
Financial MarketsOracleUpdated a few seconds ago

Oracle Negotiates $20 Billion AI Cloud Deal with Meta

Oracle is in discussions with Meta for a potential $20 billion AI cloud computing deal. This partnership aims to enhance Meta's AI capabilities by providing robust cloud services, reflecting the increasing demand for advanced technology solutions in the industry. The collaboration underscores the trend of major tech companies joining forces to innovate and expand their offerings in the competitive cloud market.

Related Articles
Oracle eyes $20 billion AI cloud computing deal with Meta, source says
Investing.com4 hours ago
Oracle eyes $20 billion AI cloud computing deal with Meta, source says
PositiveFinancial Markets
Oracle is reportedly in discussions for a massive $20 billion AI cloud computing deal with Meta. This potential partnership could significantly enhance Oracle's position in the competitive cloud market and leverage Meta's extensive data capabilities. Such a collaboration would not only boost Oracle's revenue but also accelerate advancements in AI technology, making it a noteworthy development in the tech industry.
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via Investing.com
Oracle in Talks With Meta for Cloud Computing Deal
Bloomberg5 hours ago
Oracle in Talks With Meta for Cloud Computing Deal
PositiveFinancial Markets
Oracle is currently in talks with Meta Platforms for a significant cloud computing deal valued at around $20 billion. This multiyear agreement would see Oracle supplying the necessary computing power for Meta to enhance its artificial intelligence capabilities. This partnership is noteworthy as it highlights the growing demand for robust cloud services in the tech industry, especially for companies focused on AI development.
Read full article
via Bloomberg

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