Oracle Inks Cloud Deal Worth $30 Billion a Year

Oracle has signed a landmark $30 billion annual cloud deal -- nearly triple the size of its current cloud infrastructure business -- with revenue expected to begin in fiscal year 2028. The deal was disclosed in a regulatory filing Monday without the customer being named. Bloomberg reports: "Oracle is off to a strong start" in its fiscal year 2026, Chief Executive Officer Safra Catz said in the filing. The company has signed "multiple large cloud services agreements," she said, adding that revenue from Oracle's namesake database that runs on other clouds continues to grow more than 100%.

The $30-billion deal ranks among the largest cloud contracts on record. That revenue alone would represent nearly three times the size of Oracle's current infrastructure business, which totaled $10.3 billion over the past four quarters. A major cloud contract awarded in 2022 from the US Defense Department, that runs through 2028 and could be worth as much as $9 billion, is split among four companies, including Oracle. That award was a shift after an earlier contract worth $10 billion was awarded to Microsoft and was contested in court.

With whom?

[PinchDuck]

The article doesnâ(TM)t say. And not many organizations have 30 billion per year to spend.

Re:

[Valgrus Thunderaxe]

Without naming the party the article is both uninformative and unverifiable.

Re:With whom?

[arglebargle_xiv]

Wanna bet it's DOGE? $30B handed to Oracle's trolls sounds like just the thing the Department of Government Excess would do.

Re:

[h33t l4x0r]

It's got to be OpenAI though, right? Who else would need 30B of compute

Re:

[keltor]

Because they cannot reveal it until some date in the future.

Re:

[sosume]

Nobody wants to be publicly associated with Oracle.

Re:

[ArchieBunker]

Bingo. If you’re curious who’s running the country just take a peek at this photo. https://www.ft.com/content/f8a... [ft.com]

Re:With whom?

[Pascoea]

Palantir. Takes a lot of cloud compute to store every citizens private data in one place. [indiatimes.com]

Re: With whom?

[edi_guy]

Maybe itâ(TM)s related to the TikTok deal the administration promisedâ¦thereâ(TM)s talk that a âdeal is in the works, but again Tik Tok was supposed to be shut off
January 19, 2025, then April, June 19, now September 17.

Re:

[gweihir]

Indeed. Nobody sane buys anything from Oracle willingly.

Re:

[DrXym]

The kind who gets to play golf, wined & dined with the salesman, not the poor bastards who are stuck with the consequences.

It's got to be some Gov contract via TrumpCo

[Valkyre]

I know that's supposed to be impossible to do that without it being public, but I wouldn't be surprised if they Yadayada unallocate redirect DOGE contract something something

Another school

[JThundley]

You don't know my customer, she goes to another school.

The Cloud is like ..

[Mirnotoriety]

The Cloud is like paying someone else to maintain their computers.

Re:

[DrXym]

It's kind of worse. It's like paying someone else who will facilitate *you* maintaining rented virtual computers running *your* software.

I'm convinced from having done a lot of cloud development that the best solution in a lot of cases would be to buy a rack computer and run the software on the rack. The cloud could still be a front end for it, security, load balancing or whatever, but just deploy stuff to your own machines and if you need to scale, then buy more machines. It will cost less and won't be h

Re: Wow $30B!

[cormandy]

Lol! So trueâ¦

Well that's a good idea

[DrXym]

Much like allowing a mental patient to shave your balls with a razor.