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Oracle secured a cloud contract over $30 billion annually, one of the largest in cloud history, starting fiscal 2028.
Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.
Oracle has signed a mystery cloud contract worth over $30 billion annually, which would effectively more than double the company's current cloud revenue.
Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...
Oracle announced on Tuesday it will invest $3 billion over 5 years in AI and cloud infrastructure across Germany and the ...
Oracle's cloud deals worth $30Billion could make it a leading player in hyperscale cloud. Analysts see long-term growth ...
Gil Luria, an analyst at DA Davidson, noted that the collaboration represents a strategic deal for Oracle Corporation ...
Oracle will invest $3 billion in Germany and the Netherlands over the next five years to bolster its infrastructure powering ...
The American software corporation Oracle has secured a cloud contract with annual revenues of $30 billion (approximately 40.62 trillion won).
Oracle shares surged to an all-time high Monday as CEO Safra Catz touted a “strong start” to fiscal 2026 for the tech giant, with several new cloud deals.
adding that revenue from Oracle’s namesake database that runs on other clouds continues to grow more than 100%. The $30-billion deal ranks among the largest cloud contracts on record. That revenue ...
Oracle is continuing its strategic push into the AI infrastructure market as it seeks to compete with major cloud providers.