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Is in discussions with meta platforms inc Meta is an existing customer of oracle, but the new deal could greatly increase the amount of nvidia graphics processing units it rents from the firm. For a cloud computing deal worth about $20 billion

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Under the multiyear deal, oracle would provide meta with computing power for training. Oracle is in talks with meta platforms about a cloud computing deal worth around $20 billion over multiple years, according to a person with knowledge of the deal This partnership will significantly enhance meta’s capabilities in ai model training and deployment

Cloud infrastructure is crucial for managing and processing large datasets in the ai landscape.

Oracle is negotiating a multiyear agreement with meta that could be valued at roughly $20 billion, people familiar with the matter have told bloomberg The arrangement would make oracle a key. Meta platforms (meta) is reportedly considering the use of oracle's (orcl) cloud services for training and deploying artificial intelligence models in a multiyear deal worth approximately. Closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide meta platforms inc