Oracle (ORCL) Expands Cloud Presence in Spain With $1B Outlay

Oracle (ORCL) has announced plans to invest more than $1 billion in Spain over the next decade in a significant move to bolster its presence in the European cloud market. This investment will primarily fund the construction of a third cloud region in Madrid, complementing the company's existing infrastructure in the country.The investment aims to drive AI skills development across Spain, positioning ORCL as a key player in the country's digital transformation. The company's ability to offer AI services alon ...