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Oracle to invest $8 billion in Japan through 2034

April 18, 2024
in Business
Oracle to invest $8 billion in Japan through 2034
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Anirban Ghoshal

News

Apr 17, 20242 mins

Artificial IntelligenceCloud ComputingOracle

The investment spread across a period of 10 years will see the public cloud service provider expand its cloud infrastructure footprint in the country to meet the growing demand for AI-based workloads.

Oracle is planning to invest $8 billion in Japan over the next 10 years in order to expand its cloud infrastructure footprint, which in turn will help the company meet the growing demand for AI-based workloads, the company announced on Wednesday.

As part of the investment, the company said it will increase local customer support of its public cloud regions in Tokyo and Osaka.

Additionally, the public cloud service provider will also expand its local operations teams for Oracle Alloy and its OCI Dedicated Region offerings.

The increase in employee strength will enable governments and businesses across Japan to continue to move their mission-critical workloads to the Oracle Cloud and embrace sovereign AI solutions, the company said in a statement.

Oracle has been on a cloud footprint expansion spree over the last year as part of its strategy to compete with larger rivals, such as AWS, Microsoft, and Google.

Last year in December, the company opened its second Chile region. In September, Oracle launched a second Mexico region.

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