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

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.

Reuters

April 18, 2024 / 07:53 IST

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

Oracle 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.

Reuters

first published: Apr 18, 2024 06:50 am

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