(Bloomberg) — Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider. Most Read from Bloomberg Under the multiyear deal, Oracle would provide the social media giant with computing power for training and deploying artificial intelligence models, according to people familiar with the talks. The total commitment amount may increase and other deal terms could still ...

The AI infrastructure provider is racking up big losses. Artificial intelligence (AI) infrastructure provider CoreWeave (CRWV -15.50%) is tapping into incredible demand for AI computing capacity. The company leases its infrastructure to hyperscalers, AI labs and enterprises, a model that is driving rapid-fire revenue growth. CoreWeave reported revenue of $1.21 billion in the second quarter of 2025, up from less than $400 million in the prior-year period. CoreWeave is profitable on an operating basis, but ju ...