Meta has signed a deal with Oracle Cloud to use the company's artificial intelligence (AI) infrastructure.

First reported by Techradar, the social media company will use Oracle Cloud for the training and deployment of various AI projects.

Oracle CTO Larry Ellison confirmed Meta is a customer in the company's recent earnings call.

"Our major AI customers include OpenAI, xAI, Nvidia, Cohere, and most recently, Meta with their large-scale Llama models," said Ellison. "Oracle continues to win large AI training workloads because we're faster and less expensive than the other infrastructure clouds."

During the same call, Oracle CEO Safra Catz stated that the deal is for Q3 and will be reflected in the company's RPO growth for that quarter.

Meta will also be using OCI for the development of AI agents based on Meta's Llama models.

Earlier this year, Meta forecasted a capex for 2024 in the range of $35bn-$40bn, up from a February prediction of $30bn-$37bn, driven primarily by investment in AI infrastructure.

"We should invest significantly more over the coming years to build even more advanced models and the largest scale AI services in the world," CEO Mark Zuckerberg said at the time.