18.04.2024 03:12:17 - dpa-AFX: Oracle Commits More Than $8 Bln Investment For Cloud Computing And AI In Japan Over Next Decade

REDWOOD SHORES (dpa-AFX) - Oracle Corp. (ORCL) plans to invest more than $8
billion over the next 10 years to meet the growing demand for cloud computing
and AI infrastructure in Japan. The investment will grow Oracle Cloud
Infrastructure's (OCI) footprint across Japan, the company said in a statement.

In addition, Oracle will significantly expand its operations and support
engineering teams with Japan-based personnel.

Oracle noted that it plans to increase local customer support of its public
cloud regions in Tokyo and Osaka and its local operations teams for Oracle Alloy
and OCI Dedicated Region. It will enable governments and businesses across Japan
to continue to move their mission-critical workloads to the Oracle Cloud and
embrace sovereign AI solutions.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ORACLE CORP. DL-,01 871460 Xetra 112,220 16.05.24 09:07:24 +0,060 +0,05% 111,860 112,240 112,240 112,160

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH