Microsoft walked away from $3 billion deal with Oracle: Here’s what happened as per Oracle

 Microsoft reportedly abandoned a multi-billion dollar cloud infrastructure deal with Oracle due to security and compliance concerns, specifically Oracle’s lack of FedRAMP certification. Oracle disputes these claims, highlighting their existing partnership. The situation underscores the intense demand for computing resources driven by the AI boom, prompting major tech players to secure capacity through various means. Microsoft reportedly abandoned a multi-billion dollar cloud infrastructure deal with Oracle due to security and compliance concerns, specifically Oracle’s lack of FedRAMP certification. Oracle disputes these claims, highlighting their existing partnership. The situation underscores the intense demand for computing resources driven by the AI boom, prompting major tech players to secure capacity through various means.