Oracle plans to invest $3 billion over the next five years in Germany and the Netherlands
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Oracle has shared plans to invest $3 billion over the next five years to expand its AI and cloud infrastructure in Germany and the Netherlands, with Germany getting the larger share of the allocation; $2 billion vs the Netherlands’s $1 billion. According to the company’s message on Tuesday, the plan will focus on the enhancement of Oracle Cloud Infrastructure (OCI) to meet growing demand for AI and cloud services in the Europe region. In Germany, it will aim to expand AI infrastructure capacity in the Oracle Cloud Frankfurt Region by supporting critical industries like manufacturing, healthcare, and financial services, without compromising on the EU’s data sovereignty goals. The Netherlands will see the $1 billion target significant expansion of AI infrastructure in the Oracle Cloud Amsterdam Region, with a focus on sectors like financial services, logistics, life sciences, and energy. It will also include support for startups and SMEs, with offerings like the Amsterdam Commercial Cloud Region, OCI Dedicated Region, and Oracle EU Sovereign Cloud tasked with ensuring compliance with European data regulations. Oracle aims to capitalize on the growing demand for cloud computing Since the AI boom, there has been increased demand for the cloud and AI services offered by firms like Oracle, as they have the ability to replace or, in some cases, outperform software modeled by traditional IT firms. Its shares, which have already risen nearly 38% so far this year, have responded positively to the news, surging 2% in trading before the bell. The company expects its capital spending to surpass $25 billion in fiscal 2026, and the bulk of the expenditure will be committed to data center infrastructure, including for AI. “As we bring more capacity online, our revenue and profit growth will further accelerate,” Oracle CEO Safra Catz stated in June. A regulatory filing from…
Filed under: News - @ July 15, 2025 7:30 pm