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Oracle to invest over $8 billion in Japan in cloud computing, AI




By Reuters | Updated: April 18, 2024

April 17 (Reuters) – Oracle (ORCL.N), opens new tab said on Wednesday it will invest more than $8 billion over the next 10 years to meet demand for cloud computing and AI infrastructure in Japan.

The latest investment will grow the footprint of Oracle Cloud Infrastructure (OCI), the company’s cloud computing service, across Japan, Oracle said in a statement.

Oracle will also expand its operations and support engineering teams with Japan-based personnel, it added.

@ Thomson Reuters 2024