Oracle's Major Investment in Germany

Oracle Corporation has unveiled a groundbreaking plan to invest $2 billion in artificial intelligence (AI) and cloud infrastructure within Germany over the next five years. This significant investment marks a pivotal step in expanding Oracle's technological footprint in Europe.
Expanding Cloud and AI Capabilities
The investment is set to enhance the Oracle Cloud Infrastructure (OCI) and AI infrastructure in the Oracle Cloud Frankfurt Region. This expansion will enable a broader range of public and private sector organizations across Germany to leverage Oracle's cutting-edge AI and cloud services, including sovereign AI and multicloud capabilities.
A Commitment to Innovation
Thorsten Herrmann, Senior Vice President and Country Leader of Oracle Germany, emphasized the company's dedication to fostering innovation. "Our $2 billion investment in AI infrastructure and cloud computing is a testament to our commitment to helping German organizations accelerate their digital transformation. This initiative is designed to unlock new productivity and growth potential across all industries," Herrmann stated.
Comments