March 18 – Oracle (ORCL, Financial) announced plans to invest $5 billion in its UK cloud infrastructure over the next five years, according to a Tuesday news release. The initiative is aimed at meeting surging local demand and supporting the UK Government’s ambition for AI innovation.
The funds will expand Oracle Cloud Infrastructure’s presence, enabling a wider range of organizations in sectors such as healthcare, financial services, defense, retail, and manufacturing to migrate…
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https://au.finance.yahoo.com/news/oracle-injects-5-billion-uk-174400227.html
