Oracle secured a cloud contract over $30 billion annually, one of the largest in cloud history, starting fiscal 2028.

OpenAI has disclosed they signed a 30 billion dollar annual deal with Oracle for their data centre services last month, ...

One of those is “expected to contribute more than $30 billion in annual revenue starting in FY28,” the filing said. Oracle stock was up 5.5% to $221.88 in early trading.

OpenAI has confirmed a $30 billion annual deal with Oracle for data centre services, marking a significant expansion in its infrastructure capacity.

Nevertheless, $30 billion in extra annual revenue is big news for Oracle. As of fiscal year 2025, Oracle's total cloud revenue was just $24.4 billion – less than this single mystery contract.

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory filing, could be the largest cloud contract in history, but the filing does ...

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 after a recent filing showed a cloud deal that would add more than $30 billion annually starting in the fiscal 2028 year. CEO Safra Catz is expected to share the deal news at ...

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 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 ...