Oracle Slams Report Claiming a Massive Microsoft Cloud Deal Collapsed as 'Inaccurate'
Microsoft is still seeking cloud capacity as AI demand strains infrastructure, and a potential deal with Oracle could have topped $3 billion, people said.
9 Articles
9 Articles
Oracle says details in report of failed Microsoft cloud deal talks 'inaccurate'
ORACLE said on Tuesday that details in a Business Insider report on the collapse of its discussions with Microsoft over a potential leasing deal were inaccurate. The report had...
Oracle Denies Report That Security Concerns Killed Potential $3 Billion Microsoft Cloud Deal
Negotiations between Microsoft Corp. (NASDAQ:MSFT) and Oracle Corp. (NYSE:ORCL) regarding the leasing of Oracle’s cloud infrastructure reportedly came to a halt due to security and compliance issues. The objective was to transfer some of Microsoft’s workloads to Oracle’s Cloud Infrastructure. However, Oracle’s public cloud did not meet the Federal Risk and Authorization Management Program (FedRAMP) standards, a security framework essential for h…
Microsoft's cloud infrastructure talks with Oracle collapse, Business Insider reports
Semiconductor Stocks Tumble After Microsoft Balks At $3B Oracle Cloud Deal
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