Over the past few months, Oracle has been steadily expanding its footprint in the cloud services market through high-profile partnerships with leading technology companies. According to Bloomberg News, the U.S.-based cloud giant is in discussions with Meta Platforms, led by Mark Zuckerberg, over a potential $20 billion deal centered on AI cloud computing solutions. If finalized, the multiyear agreement would enable Meta to leverage Oracle’s cloud infrastructure for training and deploying artificial intelligence models.
While negotiations are ongoing, specific details remain under wraps, and the final deal value could change depending on the outcome, Bloomberg reported, citing sources familiar with the matter. The potential collaboration highlights the increasing role of cloud computing and AI as essential tools for modern business strategy and technological innovation, providing companies with the computational power needed to scale AI initiatives.
Meta has declined to comment on the talks. Bloomberg noted that in August, Oracle had already been in discussions with Meta for additional cloud capacity, indicating a continuing engagement between the two tech giants.
Oracle has also been actively forging deals with other major players in the tech industry, including Microsoft and Google. “We have signed significant cloud contracts with the who’s who of AI, including OpenAI, xAI, Meta, NVIDIA, AMD, and many others,” Oracle CEO Safra Catz stated during the company’s first-quarter earnings call.
Earlier this month, Oracle announced plans to provide OpenAI, backed by Microsoft, with up to 4.5 gigawatts of cloud computing capacity over the next five years under a $300 billion agreement. Additionally, the company is reportedly negotiating a cloud deal with ByteDance’s TikTok, aimed at ensuring the app’s continued operations in the U.S., with the agreement expected to close within 45 days.
Through these aggressive moves, Oracle is positioning itself as a major contender in the AI cloud computing arena, directly challenging established leaders such as Amazon Web Services, Microsoft Azure, and Google Cloud.
