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Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028.The contract was revealed in a regulatory filing Monday ...
Oracle secures historic $30B annual cloud contract, potentially tripling infrastructure revenue and reshaping competition ...
The company has secured an agreement with a yet-to-be-named company, which some speculate could be OpenAI or an equivalent.
Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.
Oracle shares surged to an all-time high Monday as CEO Safra Catz touted a “strong start” to fiscal 2026 for the tech giant, ...
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's share price soared after a surprise SEC filing revealed a potential $30 billion annual cloud deal starting in 2028, showcasing strong growth expectations driven by cloud services and AI ...
As investors know, businesses across the world have been spending billions over the last couple of years buying chipsets and ...
Oracle shares have jumped more than 33% this year, benefiting from cloud growth and the rise of artificial intelligence ...
Oracle will invest $3 billion in Germany and the Netherlands over the next five years to bolster its infrastructure powering ...
Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...