Image
- The US cloud giant is to invest $2bn in Germany and $1bn in the Netherlands
- The move comes hot on the heels of recently announced plans to invest $5bn in the UK
- Oracle has also been partnering with a growing number of telcos to support their own sovereign cloud ambitions
Oracle continues to tap into Europe’s growing demand for sovereign cloud and AI solutions with plans to invest a total of $3bn in local infrastructure in Germany and the Netherlands over the next five years.
In Germany, the US cloud giant is spending $2bn on expanding the presence of Oracle Cloud Infrastructure (OCI) as well as AI infrastructure capacity in the Oracle Cloud Frankfurt region. The aim is to sell more AI and cloud computing services to public and private organisations in Germany, including sovereign AI and multicloud capabilities.
