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. The company said Monday that it has signed a cloud services agreement ...

Oracle shares jumped 4% to an all-time high after a recent filing showed a cloud deal that would add more than $30 billion annually. Stream NBC 5 for free, 24/7, wherever you are. WATCH HERE ...

It is worth noting that Oracle has made significant inroads in the competitive cloud computing services market.

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

Oracle shares jumped 4% to an all-time high after a recent filing showed a cloud deal that would add more than $30 billion annually. CEO Safra Catz is expected to share the deal news at a company ...

(Bloomberg/Brody Ford) — 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.