Oracle to Invest More Than $8 Billion in Cloud Computing and AI in Japan
Oracle Corporation (ORCL)
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Source: PR Newswire
Planned investment will grow Oracle Cloud Infrastructure's footprint in JapanExpanded local support and operations team will help customers and partners address digital sovereignty requirements AUSTIN, Texas and TOKYO, April 18, 2024 /PRNewswire/ -- Oracle Corporation Japan today announced that it 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. In addition, to help customers and partners address the digital sovereignty requirements in Japan, Oracle will significantly expand its operations and support engineering teams with Japan-based personnel."We are dedicated to meeting our customers and partners where they are in their cloud journey," said Toshimitsu Misawa, member of the board, corporate executive officer and president, Oracle Corporation Japan. "By growing our cloud footprint and providing a team to suppor
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