signed
Oracle discloses cloud contract worth over $30B a year from FY2028
Oracle's Form 8-K said it signed multiple large cloud deals, including one expected to bring in more than $30 billion in annual revenue starting in fiscal 2028. The customer was not named in the filing; it was later tied to OpenAI's Stargate capacity.
- Capacity
- n/d
- Term
- n/d
- Accelerators
- n/d
Sources disagree
"More than $30 billion in annual revenue starting in FY28" per Oracle's 8-K. Annual figure, not total contract value. Oracle did not name the customer; press reports tied it to OpenAI.
The record
Verified 9 Nov 2026- Announced
- Buyer
- Undisclosed (reported as OpenAI)
- Seller / provider
- Oracle
- ValueHeadline dollar value exactly as stated in the cited source.
- 30,000,000,000 USD
- Capacity
- Not disclosed
- Accelerators
- Not disclosed
- Chips
- Not named
- Term
- Not disclosed
- StatusBinding agreement disclosed
- signed
- Other parties
- None named
- Deal type
- cloud-capacity, sec-filing
Sources
2- Oracle Form 8-K (SEC, 30 Jun 2025) read 2026-11-09
- Oracle signs mystery cloud contract worth $30 billion (Data Centre Review) read 2026-11-09
Cite this deal
AI Compute Deals, “Oracle discloses cloud contract worth over $30B a year from FY2028”, https://aicomputedeals.com/oracle-openai-30b-annual-contract-2025-06/ (verified 2026-11-09).
Data under CC BY 4.0. Download the full ledger.
The rest of this relationship
3 rows- Stargate adds five US sites (nearly 7 GW planned) $400B expanded
- OpenAI–Oracle 4.5 GW Stargate capacity 4.5 GW signed
- Oracle discloses cloud contract worth over $30B a year from FY2028 $30B signed