Oracle disclosed in securities documents submitted last weekend that within the three months up to November, the company signed a data center lease commitment worth about 150 billion US dollars. This move shows that Oracle is preparing to undertake cloud business cooperation with OpenAI and other customers. According to the documents, as of November 30, Oracle has leasing commitments of 248 billion US dollars, “basically all related to arrangements related to data centers and cloud computing power.” These lease commitments will be effective from now until fiscal year 2028, and have not yet been recorded on the balance sheet. According to documents submitted by Oracle this summer, as of August 31, the company's additional lease commitments were US$99.8 billion; as of May, this figure was only US$43.4 billion. Also, as of November 30, Oracle's total customer commitments reached $523 billion, spanning more than five years. Oracle said in securities documents that 10% of these promises are expected to be confirmed within the next 12 months, and another 65% within the next 5 years.

Oracle disclosed in securities documents submitted last weekend that within the three months up to November, the company signed a data center lease commitment worth about 150 billion US dollars. This move shows that Oracle is preparing to undertake cloud business cooperation with OpenAI and other customers. According to the documents, as of November 30, Oracle has leasing commitments of 248 billion US dollars, “basically all related to arrangements related to data centers and cloud computing power.” These lease commitments will be effective from now until fiscal year 2028, and have not yet been recorded on the balance sheet. According to documents submitted by Oracle this summer, as of August 31, the company's additional lease commitments were US$99.8 billion; as of May, this figure was only US$43.4 billion. Also, as of November 30, Oracle's total customer commitments reached $523 billion, spanning more than five years. Oracle said in securities documents that 10% of these promises are expected to be confirmed within the next 12 months, and another 65% within the next 5 years.