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Oracle stock jumped after the software giant disclosed that it had inked new multibillion-dollar cloud services agreements.
(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.Most Read from ...
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 ...
AI Industry oracle cloud At $30 billion per year, Oracle secures one of the largest cloud deals in history Mystery client's contract will triple Oracle's cloud infrastructure revenue by 2028 By ...
After pushing the TikTok sale date back yet again, President Donald Trump said in an interview on Sunday that he had found a potential buyer for the ByteDance-owned platform.
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Yet beyond the philosophical implications, there are pressing, practical realities: AI is already transforming global supply ...
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Oracle has secured a landmark cloud services contract worth over $30 billion annually, signaling a major shift in the AI infrastructure market and validating its high-stakes strategy to compete ...
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