Oracle refuted a report concerning a potential cloud infrastructure deal with Microsoft. The deal was valued at over $3 billion. The report claimed termination due to security and compliance issues. It stated Microsoft halted negotiations to lease Oracle cloud capacity. This was reportedly due to Oracle's lack of FedRAMP certification, a key security standard for U.S. government data.
An Oracle spokesperson called the report's details "inaccurate." The spokesperson emphasized Microsoft remains a significant partner and customer of Oracle Cloud Infrastructure (OCI). Oracle stated their collaborative partnership is ongoing. They often discuss ways to expand their work together. The initial report surfaced amid a sector-wide scramble for AI computing power. This scramble has led to unusual alliances between cloud competitors.