$30B to Oracle Cloud 💸

What we’ll cover today:

• Meta’s AI dream team and $100M sign-on bonuses

• Oracle’s record-breaking $30B cloud deal

• What SaaS leaders are prepping for ahead of Q3

Meta’s AI Hiring Spree Sends Stock to the Moon 🚀

Meta, led by Mark Zuckerberg, just hit an all-time stock high thanks to a wild AI hiring and investment spree.

🚨 Breaking News
Meta formed a new AI group called Superintelligence Labs and hired top talent from Scale AI, OpenAI, and Safe Superintelligence.

⚡ Wire Simplified

• Meta stock hit $747.90, a new record

• They're creating “Superintelligence Labs” to lead AI projects

• Recruits include Alexandr Wang (Scale AI) and Nat Friedman

• OpenAI staff are jumping ship to Meta for huge bonuses

• Meta tried to buy Safe Superintelligence but got rejected

✔️ Straight to the Point
Zuck is building an AI dream team with fat checks. Meta isn’t just playing catch-up, it’s trying to be the game.

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Oracle Just Casually Added $30B to Its Cloud 💸

Oracle, the software giant run by Safra Catz, revealed a mega cloud deal worth $30 billion starting FY28. Casual.

🚨 Breaking News
Oracle inked a cloud services deal projected to rake in $30B per year by FY28, and shares hit all-time high.

⚡ Wire Simplified

• Oracle’s stock rose 4% after the SEC filing

• The $30B deal kicks in during fiscal year 2028

• Doesn’t change their FY26 guidance

• Multicloud revenue is growing over 100% right now

• Oracle’s also teaming up with OpenAI, IBM, and SoftBank

✔️ Straight to the Point
Oracle is stacking cloud coins like it’s Minecraft. Big bets now, massive payoffs later. AI plus cloud equals money.

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