Oracle secures historic $30B annual cloud contract, potentially tripling infrastructure revenue and reshaping competition with AWS and Microsoft.

(Bloomberg) -- Oracle Corp. said it has signed a single cloud deal worth $30 billion in annual revenue — more than the current size of its entire cloud infrastructure business. That revenue is ...

Oracle has signed a game-changing $30B annual cloud deal set to kick in by FY2028. With booming cloud growth, major AI ventures like Stargate, and a massive $138B sales backlog, Oracle is quickly ...

Oracle is continuing its strategic push into the AI infrastructure market as it seeks to compete with major cloud providers.

Oracle differentiates from its competition by offering customers a unique and flexible cloud infrastructure service. Per ...

Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.

Oracle Corp_ logo on phone-by WonderPix via Shutterstock. Oracle (ORCL) recently reached a new 52‑week high, driven by ...

Oracle's cloud deals worth $30Billion could make it a leading player in hyperscale cloud. Analysts see long-term growth ...

Oracle Corporation (NYSE:ORCL) is among the 11 best places to invest money without risk. Analysts at DA Davidson have raised ...

Oracle has a new top bull on Wall Street. Jefferies raised its price target for the cloud computing giant’s stock to $270 ...

OpenAI has been named as the customer behind Oracle ’s recently announced $30 billion-per-year cloud computing contract, with ...

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...