We interviewed an IDC expert who briefed us on Oracle's latest big deal situation.
Texas Stargate project total order expected to reach $56-57bn, current RPO only includes $4.3bn. For the Middle East Stargate project, the expert estimates Oracle will operate 1GW, corresponding to orders of approximately $24bn, but formal deployment won't begin until H2 2026.
Oracle CEO Larry recently mentioned that FY28's $30bn revenue is not included in existing RPO, with demand primarily coming from Stargate and OAI, though the specific proportion remains unclear.
