The General Services Administration (GSA) announced that the agreement gives government agencies "a 75% discount on Oracle's ...

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 ...

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.

Skydance, which is acquiring Paramount Global in an $8 billion merger, was founded by Oracle Chairman Larry Ellison's son.

Having already discounted its business software, Google is now also believed to be preparing cloud discounts for the US Government.

The US government has struck a discount agreement with Google for its cloud services. As first reported by the Financial ...

This growth trajectory, coupled with Oracle’s strategic edge in the global AI race, may have influenced the company’s decision to offer these unprecedented discounts to the U.S. government.

Alan Sim, the Centers for Disease Control and Prevention’s chief data officer, announced his departure from the agency after nearly five years in the position, per a post he wrote on social media ...

OpenAI is moving forward with its ambitious AI infrastructure plans in the US, unveiling a new agreement with Oracle to build ...

Oracle has a new top bull on Wall Street. Jefferies raised its price target for the cloud computing giant’s stock to $270 from $220, the most bullish target among firms tracked by Visible Alpha.

OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial ...

(Bloomberg/Brody Ford) — 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.