I have a friend who works at IBM he tells me that IBM uses Google cloud for some of their stuff. The irony when you are a cloud provider but use another service.

I mean, that in and of itself ain't really ironic. Lots of cloud providers out there just resell abstractions around / improvements upon other cloud providers. Cloud66 is one with which I'm familiar; their whole business model revolves around wrapping AWS with CloudFoundry-like deployment mechanisms specifically for Ruby codebases (and Docker containers, but I never interacted with them in that capacity).

Yes, and note that IBM do a lot of Oracle support.

>"The figures come even though--as mentioned in the earnings report headline--Oracle's SaaS/PaaS revenue rose 77% in dollars and 79% in CC, totaling $798 million "

$800 million from their cloud offering in a single quarter is nonsense?

Maybe not, but that number doesn't tell the whole story. This is revenue. How much are they spending on R&D, infrastructure, marketing, etc. for their cloud business? How fast is that spending's growth in relative to the revenue?