Oracle this week announced plans to invest $5 billion over the next five years to meet growing demand for its cloud services in the UK.
The company said the investment will expand Oracle Cloud Infrastructure’s (OCI) footprint in the UK and help the UK Government “deliver on its vision for AI innovation and adoption.”
Further details on how the money will be spent haven’t been shared.
Siobhan Wilson, senior vice president and country leader for Oracle UK, said: “Today’s announcement cements Oracle’s commitment to supporting this vision. Oracle provides the world’s best cloud infrastructure for AI learning and inferencing. Our cloud investment will help ensure that customers can use AI to achieve new levels of productivity, unlock growth, and benefit from superior performance and security, all with improved cost savings.”
Read more: datacenterdynamics.com
