Oracle signs a mystery enormous cloud contract – one that could yield $ 30 billion in income
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- Oracle CEO Safra Catz confirms a new, mysterious cloud contract worth $ 30 billion
- Last year’s total cloud income amounted to $ 24.4 billion, so it’s a big increase
- Oracle says that it will soon spend great on infrastructure
Oracle has signed a mystery cloud contract with the value of more than $ 30 billion annually, which would actually double more than the current cloud income of the company.
CEO Safra Catz explained that the company had arrived a “strong start” this tax year after he had already signed several large cloud agreements.
However, one of those similarities is a mystery contract, according to a new one SecIt is said that it is worth it “more than $ 30 billion”, who speculate investors who speculate with who the deal could be.
Oracle’s enormous mysterious cloud contract
Although the contract was signed in the tax year of the 2026 year, it only plays in the game in 2028 – it is unclear whether further details can be shared before that time.
One of the most common suggestions for partners includes Openiwho cooperates with Oracle on the Stargate project, Temu, who recently became an Oracle customer, and Tiktok, who uses Oracle Cloud in the US.
Nevertheless, $ 30 billion in extra annual turnover is big news for Oracle. From the tax year 2025, the total cloud income of Oracle was only $ 24.4 billion – less than this mere mystery contract. The total turnover of the company increased by 8% on an annual basis from year to $ 57.4 billion.
In other news, Oracle has also confirmed plans to build a $ 40 billion AI campus near Dallas for Project Stargate, which supplies 400,000 Nvidia GB200 GPUs for the project. The company is also planning to spend up to $ 500 billion in infrastructure by 2029 to meet demand.
Although the $ 30 billion contract will offer some stability for Oracle, capital expenditure has risen triple from $ 7 billion to $ 21 billion in just one -year space.
Looks ahead, Oracle predicts the revenue growth of the 70% cloud infrastructure towards the end of this tax year, with company income climbing to an estimated $ 104 billion on tax 2029.
TechRadar Pro Has asked Oracle for more information about the contract, but we do not expect to get an answer.
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