Google may slash Cloud costs in new government deal: Report

Google is close to finalising a cloud services deal with the US government that includes major price cuts, reports Financial Times. The report quotes a senior official from the General Services Administration (GSA) who said that the tech giant is likely to offer “substantial discounts,” with the deal expected to be completed in the coming weeks. This development comes shortly after Oracle agreed to reduce prices by up to 75% on some software contracts, and to offer broad discounts on its cloud computing services.

Google’s deal is expected to land “in a similar spot,” said the GSA official involved in the negotiations. The agency, as per the report, is also in talks with Amazon Web Services (AWS) and Microsoft Azure, adding that the discussions are at an earlier stage.