Reports about a $3 billion deal between Oracle and Microsoft falling apart due to security and compliance issues have been denied by Oracle. The company informed Reuters that the claims made in a Business Insider article are inaccurate. Oracle and Microsoft.
According to a BI article from June 16, sources close to the situation disclosed to the publication that Microsoft had been holding discussions with Oracle regarding a contract worth over $3 billion for leasing computing capacity. Nevertheless, the negotiations ceased as Oracle lacked the required security infrastructure.
FedRAMP, or the Federal Risk and Authorization Management Program, guarantees the security of cloud services used by the US government. It appears that Oracle was hesitant to incorporate this framework, with an unnamed executive stating that doing so would require a significant amount of effort on their part.
However, Oracle has refuted these allegations. Through an email to Reuters, Oracle asserted that the information in the article is incorrect. Microsoft acts as both a partner and a client for OCI.
Our collaboration is highly productive and beneficial, often discussing methods to broaden our joint endeavors. Microsoft opted not to provide a statement to BI. In the first half of this year, Microsoft consented to rent 700MW of server farm capacity from Crusoe’s data center complex in Abilene, Texas, which was initially intended for Oracle and OpenAI.
