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Oracle signed a cloud services contract worth $30 billion a year which will start hitting its books in fiscal year 2028, reflecting "skyrocketing" demand.
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 announced on Tuesday it will invest $3 billion over 5 years in AI and cloud infrastructure across Germany and the ...
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 ...
Oracle's stock surged to a record high following the announcement of a major cloud computing agreement projected to generate over $30 billion in annua ...
Oracle will invest $3 billion in Germany and the Netherlands over the next five years to bolster its infrastructure powering ...
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's cloud deals worth $30Billion could make it a leading player in hyperscale cloud. Analysts see long-term growth ...
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.
The identity of the customer behind this landmark deal remains undisclosed, but the scale is remarkable: the contract's yearly value is nearly triple the $10.3 billion ...
AUSTIN] Oracle said it has signed a single cloud deal worth US$30 billion in annual revenue – more than the current size of its entire cloud infrastructure business. Read more at The Business Times.