Oracle to invest $8b in Japan’s AI, cloud computing spaces

Oracle to invest $8b in Japan’s AI, cloud computing spaces

Tech in Asia·2024-04-19 17:00

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Oracle Corporation Japan is earmarking over US$8 billion for investment over the next 10 years to address the country’s rising need for cloud computing and AI infrastructure.

The move follows other major tech firms that have invested in Japan. Microsoft, for example, plans to spend US$2.9 billion over two years to boost its cloud computing and AI infrastructure there, while OpenAI set up its first Asian office in Tokyo this month.

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