Oracle partners with Meta to power Llama AI models

Oracle has reportedly partnered with Meta to enable the social media giant to leverage Oracle Cloud Infrastructure to train and deploy its Llama large language model (LLM) Technology Radar.

The agreement was confirmed by Oracle Chief Technology Officer Larry Ellison.

“We just signed an agreement with Meta to use Oracle’s AI cloud infrastructure and work with Oracle to develop AI agents based on Meta’s Llama model,” Ellison said.

He emphasized Oracle’s competitive advantage in artificial intelligence: “Oracle Cloud Infrastructure trains several of the world’s most important generative artificial intelligence models because we are faster and cheaper than other clouds…Oracle-trained AI models and AI agents will increase the rate of scientific discovery, economic development and business growth around the world on a scale that is unimaginable.

Oracle’s role in Meta artificial intelligence expansion

Meta’s choice to partner with Oracle demonstrates Oracle Cloud’s rapid growth, driven by growing demand for artificial intelligence-driven computing power. Oracle CEO Safra Catz emphasized this in the company’s most recent earnings report, which showed record-breaking growth in its cloud infrastructure business.

Despite the momentum, Oracle’s quarter-end financial results fell short of Wall Street expectations. Quarterly revenue rose 9% year over year to $14.06 billion, slightly below expectations of $14.1 billion. Adjusted earnings per share were $1.47, missing estimates of $1.48.

Cloud business drives revenue

Oracle’s cloud business currently accounts for about 77% of its total revenue. The segment grew 12% year over year to $10.81 billion. Oracle Cloud Infrastructure (OCI) stood out, with revenue growing by more than 52% in the second quarter, far exceeding its competitors in the hyperscale cloud market.

“Record-breaking AI demand drove growth in Oracle Cloud Infrastructure revenue,” Catz explained, noting that GPU consumption increased 336% in three months.

Although Oracle’s cloud business has shown strong growth, the overall outlook remains uncertain. The company’s forecast for revenue growth in the current quarter is 7% to 9%, again lower than analysts’ expectations. That caused Oracle’s stock price to fall, reflecting investor skepticism.

(photography: Not splashed)

See also: Microsoft sued in UK over cloud licensing practices

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