Several sites have said that new Oracle database 12c (c is for cloud) will be launch this years december or start of the next year. This info is based of Larry Ellison's conference call about financial results for the first quarter of fiscal 2013.
More info from these sites:
http://www.channelregister.co.uk/2012/09/20/oracle_openworld_preview_q1_f2012_numbers/
http://www.informationweek.com/software/information-management/oracle-12c-database-open-worlds-centerpi/240008073
This new database have cloud support (Oracle released it's own cloud in OracleWorld 2012). And it is supporting virtualization better than before. For example you can use one database for several customers/services data securely. So that data is isolated and private for each customer/service. It is interesting to see how this is affecting to licenses.
But we still have to wait for final release date and release notes.
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