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

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.

The company has secured an agreement with a yet-to-be-named company, which some speculate could be OpenAI or an equivalent.

Oracle announced on Tuesday it will invest $3 billion over 5 years in AI and cloud infrastructure across Germany and the ...

Oracle Corporation (NYSE:ORCL) is one of the AI Stocks in the Spotlight Today. On July 14, Evercore ISI analyst Kirk Materne ...

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'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 Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028.

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

Oracle has signed a mystery cloud contract worth over $30 billion annually, which would effectively more than double the company's current cloud revenue.

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 ...