Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Oracle $ORCL is spending $3B to expand its AI infrastructure in Germany and the Netherlands over the next five years, with two-thirds of this investment going to Germany. $MSFT $GOOG $AMZN
Oracle to invest $3 billion in AI, cloud expansion in Germany, Netherlands https://t.co/sqBfFKBJ2x https://t.co/sqBfFKBJ2x
Oracle will invest $3 billion over the next five years in artificial intelligence and cloud infrastructure in #Germany and the #Netherlands to meet upbeat demand, the company says in separate statements. https://t.co/vcGd8FFCil
Oracle Corporation announced plans to invest a total of $3 billion over the next five years to expand its artificial intelligence and cloud infrastructure in Europe. The investment will be split between Germany and the Netherlands, with $2 billion allocated to Germany and $1 billion to the Netherlands, including a $1 billion investment in Amsterdam. This move aims to meet growing demand for AI and cloud services in these markets.
