Home / Technology / Oracle Clarifies: 'Fruitful' Partnership with Microsoft Continues
Oracle Clarifies: 'Fruitful' Partnership with Microsoft Continues
17 Jun
Summary
- Oracle refutes inaccurate reports of a broken cloud deal with Microsoft.
- The partnership is described as fruitful with ongoing collaboration exploration.
- Reports cited security and compliance concerns affecting the deal.
Oracle has issued a strong rebuttal to recent reports suggesting a breakdown in its cloud partnership with Microsoft. Company representatives have labeled these claims as "inaccurate," asserting that their collaboration remains "tremendously collaborative and fruitful."
Discussions between Oracle and Microsoft are reportedly ongoing, focusing on avenues to expand their existing work together. Earlier reports had highlighted a potential deal valued at over $3 billion, aimed at providing Microsoft with enhanced GPU and compute resources for AI training and customer distribution.
These previous reports had pointed to security and compliance issues, such as Oracle's OCI lacking Federal Risk and Authorization Management Program (FedRAMP) certification, as potential hurdles. Microsoft has reportedly sought additional compute resources from AWS to meet demand for its AI tools, further fueling speculation.
Oracle recently reported a significant 47% rise in cloud revenues, indicating robust growth in its cloud business, which now constitutes over half of its total revenue.
