Gaylene Redner
11:25
A single $300 billion contract has seemingly transformed Oracle from a traditional ERP and database vendor into a cloud computing powerhouse. The company has signed a five-year computing power commitment with OpenAI, contributing to a reported 359% surge in future contract revenue this quarter. That $317 billion increase could put the company’s 2030 cloud revenue
CIO
A single $300 billion contract has seemingly transformed Oracle from a traditional ERP and database vendor into a cloud computing powerhouse.
The company has signed a five-year computing power commitment with OpenAI, contributing to a reported 359% surge in future contract revenue this quarter. That $317 billion increase could put the company’s 2030 cloud revenue at around $1 trillion…
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