"Oracle is investing $1 billion in its Amsterdam data center over five years to expand infrastructure capacity and meet the demand for cloud and AI services."
"The investment will notably enhance AI infrastructure in the region, which has seen significant growth in the adoption of new technologies."
Oracle is investing $1 billion over five years in the Amsterdam data center to expand infrastructure capacity to meet growing demand for cloud and AI services in the Netherlands. This investment builds upon the company's previous operations in the region and may lead to the creation of new facilities, subject to demand. The initiative reinforces Oracle's commitment to supporting sectors such as finance, logistics, and energy in their cloud migration efforts, while ensuring compliance with local regulations through interconnected cloud regions across Europe.
Read at www.techzine.eu
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