Oracle to invest $3 billion in AI, cloud expansion in Germany, Netherlands
Adrian Bogdan
Oracle will invest $3 billion over the next five years in artificial intelligence and cloud infrastructure in Germany and the Netherlands to meet upbeat demand, the company said in separate statements on Tuesday. The cloud service provider plans to allocate $2 billion to Germany and $1 billion to the Netherlands. Major technology firms have poured tens of billions of dollars into developing AI infrastructure following the success of OpenAI's ChatGPT. Oracle, whose cloud offerings support
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