Oracle Stock Surges on Meta Cloud Deal and AI Growth Forecast

Oracle Corporation (ORCL) shares rallied Thursday following confirmation of a major cloud-computing partnership with Meta Platforms (META) and ambitious AI revenue projections. At its Las Vegas AI World conference, the database giant revealed expectations for $20 billion in AI-driven database revenue by 2030—a nearly tenfold increase from 2025 estimates.

The company disclosed $65 billion in new cloud infrastructure commitments during just the first 30 days of the current quarter, including a previously rumored $20 billion Meta contract. "We're seeing unprecedented demand for our AI infrastructure," said co-CEO Clay Magouyrk, noting four major customers signed seven-figure deals, excluding OpenAI.

Meta's substantial infrastructure investments—potentially reaching $72 billion this year—highlight the accelerating arms race in AI compute capacity. Oracle continues expanding its cloud offerings to challenge Amazon Web Services and Google Cloud, while pursuing cross-platform compatibility for its database solutions.