Investigation reveals gap between Oracle’s verified statements and reported billion-dollar partnerships
September 21, 2025
Oracle Corporation has officially confirmed securing four multi-billion-dollar contracts that pushed its contract backlog to a record $455 billion, but the company remains conspicuously silent on widely reported mega-deals with Meta and OpenAI worth hundreds of billions of dollars.
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The Official Numbers
In Oracle’s Q1 FY26 earnings announcement on September 9, 2025, CEO Safra Catz delivered stunning financial results that sent shockwaves through the tech industry.
“We signed four multi-billion-dollar contracts with three different customers in Q1,” Catz stated during the earnings call.
“This resulted in RPO contract backlog increasing 359% to $455 billion. It was an astonishing quarter—and demand for Oracle Cloud Infrastructure continues to build.”
The CEO’s optimism didn’t stop there.
“Over the next few months, we expect to sign-up several additional multi-billion-dollar customers and RPO is likely to exceed half-a-trillion dollars,” she added.
Chairman Larry Ellison emphasized Oracle’s growing AI dominance, highlighting explosive growth figures that seem almost too good to be true.
“MultiCloud database revenue from Amazon, Google and Microsoft grew at the incredible rate of 1,529% in Q1,” Ellison announced.
The Confirmed Partnership
Among Oracle’s official announcements, only one major AI partnership has been formally confirmed through press releases.
In June 2025, Oracle announced that Elon Musk’s xAI had selected Oracle Cloud Infrastructure to host and train its Grok AI models.
“xAI has selected Oracle to offer xAI’s Grok models via Oracle Cloud Infrastructure (OCI) Generative AI service for a wide range of use cases, including content creation, research, and business process automation,” the official press release stated.
The partnership represents a significant win for Oracle in the competitive AI infrastructure market, with xAI leveraging Oracle’s “scalability, performance, and cost efficiency” to train next-generation Grok models.
The Missing Confirmations
Despite widespread media coverage of Oracle’s supposed deals with tech giants, the company’s official newsroom tells a different story.
A comprehensive review of Oracle’s press releases, investor communications, and official statements reveals notable absences.
The Meta Mystery: Reports from Reuters and Bloomberg claim Oracle is negotiating a $20 billion cloud computing agreement with Meta.
However, Oracle’s official newsroom contains no press releases, statements, or confirmations of any Meta partnership or negotiations.
When contacted by Reuters about the reported deal, Oracle representatives “did not immediately respond.”
The OpenAI Enigma: The Wall Street Journal reported a massive $300 billion computing deal between Oracle and OpenAI, which would rank among the largest corporate contracts in history.
Yet Oracle’s official channels remain silent. When pressed by TechCrunch for confirmation, Oracle “declined to comment.”
The Nvidia Gap: While various reports suggest Oracle has secured billion-dollar contracts with Nvidia, the company’s newsroom shows no official announcements of such partnerships.
Oracle does mention using Nvidia GPUs in their infrastructure, but no formal contracts as a service provider to Nvidia have been announced.
A Pattern of Silence
Oracle’s response strategy appears deliberate. The company provides concrete financial metrics—359% RPO growth, $455 billion in backlog—while maintaining strict confidentiality about customer identities and specific deal values.
This approach creates an information vacuum filled by media speculation and industry rumors.
While Oracle’s earnings statements reference “multi-billion-dollar contracts with three different customers,” the company refuses to name these customers or confirm the widely reported partnerships.
What This Means for Oracle
The verified information paints a picture of a company riding the AI wave to unprecedented financial success. Oracle’s official statements confirm:
- Four multi-billion-dollar contracts signed in Q1 2025
- 359% growth in Remaining Performance Obligations to $455 billion
- Plans to exceed half-a-trillion dollars in contract backlog
- A confirmed strategic partnership with xAI for Grok model hosting
- Explosive 1,529% growth in MultiCloud database revenue
The Bigger Picture
Oracle’s positioning in the AI infrastructure market appears stronger than ever, with or without the rumored mega-deals.
The company’s official launch of the “Oracle AI Database” service, announced for Oracle AI World next month, will enable customers to use leading language models including “Google’s Gemini, OpenAI’s ChatGPT, xAI’s Grok.”
This multi-model approach suggests Oracle is building infrastructure to serve the entire AI ecosystem rather than betting on exclusive partnerships with individual players.
Also see: Is ZeroGPT Accurate? 98% Accurate or 98% Speculation?
The Bottom Line
While Oracle’s official financial performance speaks volumes about its success in the AI boom, the company’s silence on specific customer relationships leaves room for speculation.
The gap between reported deals and confirmed partnerships highlights the challenge of separating verified information from industry rumors in the fast-moving AI sector.
For investors and industry watchers, Oracle’s official statements provide enough concrete evidence of AI-driven growth without needing to rely on unconfirmed reports.
The company’s $455 billion backlog and plans to exceed half-a-trillion dollars in contracts represent verifiable achievements that speak louder than rumored partnerships.
As Oracle prepares for its AI World event next month, the company may choose to shed more light on its customer relationships.
Until then, the tech industry will continue parsing official statements for clues about one of the most successful AI infrastructure plays in recent memory.
