Oracle on the Verge of a Double Strike: Billion-Dollar Deal with Meta and Power Role in TikTok

Mega deal with Meta in sight According to a report by the news agency Reuters , citing sources familiar with the matter, Oracle is negotiating a cloud computing contract with Meta worth approximately 20 billion USD . The multi-year deal is expected to secure substantial computing power for Meta, which is necessary for training and operating its AI models—especially the Llama series. Meta is already relying on several cloud partners, including Amazon AWS and Microsoft Azure. With Oracle entering the mix, a new, significant provider would...