Oracle Eyes $20B Meta Cloud Deal: AI Race Heats Up
Update: 2025-09-19
Description
Oracle eyes a $20 billion cloud deal with Meta, signaling its rise as a major AI cloud player alongside Amazon, Microsoft, and Google. Fueling investor excitement and a stock surge, this potential agreement follows Oracle's record cloud bookings and deals with AI leaders like xAI and OpenAI, though some analysts caution about customer concentration risks in Oracle's booming cloud business.
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