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Oracle (ORCL) to Invest More Than $8B in Cloud Computing & AI
ORCLOracle(ORCL) Zacks Investment Research·2024-04-18 13:55

Oracle (ORCL) has announced its intention to invest more than $8 billion over the next decade to meet the growing demand for cloud computing and artificial intelligence (AI) infrastructure in Japan. This investment aims to expand the presence of Oracle Cloud Infrastructure (“OCI”) throughout Japan. Additionally, the company plans to grow its operations and support engineering teams in Japan to assist customers and partners with digital sovereignty requirements.To address the needs of customers and partners ...