One customer expected to double Oracle’s cloud sales by 2028
Oracle has recently secured a new, undisclosed customer that is projected to contribute over $30 billion in annual revenue by fiscal year 2028. This deal is anticipated to more than double the database giant’s current cloud business. CEO Safra Catz revealed in a filing with the US Securities and Exchange Commission that Oracle’s multi-cloud database revenue continues to soar by over 100 percent, attributing this success to securing numerous large cloud services agreements, including the lucrative $30 billion deal.
Although the mystery customer remains anonymous in the filing, key details were dropped in Oracle’s Q4 2025 earnings call. Founder Larry Ellison hinted at a new customer who eagerly requested all available capacity across various regions. This significant demand could mean this client is a prominent player in the global market like a Chinese e-tailer or potentially even a key player in the ongoing TikTok saga, placing Oracle in a prime position to house TikTok’s operations.
Oracle’s cloud strategy exhibits a remarkable approach distinct from its competitors. The company has strategically positioned its infrastructure in rival hyperscalers’ data centers, optimizing performance specifically for Oracle databases. Customers on different cloud platforms can benefit from low-latency access to their Oracle databases managed by Oracle in a customized environment. This inventive strategy has proven to be beneficial as evidenced by the substantial revenue growth, with deals escalating by 115 percent in Q4 2025.
Moreover, Oracle’s pursuit to expand its cloud dominance is evident in its commitment to increasing its multi-cloud data centers. Larry Ellison disclosed plans to have 23 live data centers with an additional 47 under construction within the next year. The company’s expectations to further grow this segment by triple-digit percentages going into the 2026 fiscal year underscore Oracle’s optimistic projections for its cloud business.
Oracle’s consistent effort to stay at the forefront of cloud innovations extends beyond database management. Since the inception of ChatGPT in 2022, Oracle has positioned itself as a leading provider of GPU resources. Partnering with OpenAI on the Stargate initiative, Oracle is set to invest a hefty sum of $40 billion to equip the initial Stargate data center with 400,000 Nvidia GB200 superchips. This ambitious endeavor underscores Oracle’s commitment to investing in AI infrastructure for future advancements.
The deployment of several hundred thousand GPUs from Nvidia and AMD, including a zettascale cluster of 131,072 Nvidia Blackwell GPUs and an equal number of AMD Instinct MI350 accelerators, reiterates Oracle’s grand plans for expanding its computational capabilities. In addition, Oracle’s cloud agreements encompass collaborations with prominent model builders such as xAI and Meta, further solidifying Oracle’s position as a key player in the cloud market. Oracle’s enduring success in cloud technology continues to defy expectations, paving the way for future innovations and transformative growth in the industry.