Big Tech

Oracle Inks Cloud Deal Worth $30 Billion a Year

Oracle Corp. campus in Redwood City, California.

Photographer: David Paul Morris/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.

That revenue is expected to start flowing in the fiscal year 2028, Oracle disclosed in a regulatory filing Monday, without naming the customer.