US EditionTrump Ally Larry Ellison's Oracle Pledges $5 Billion To Boost UK's AI-Driven Cloud Infrastructure - Tesla (NASDAQ:TSLA), Oracle (NYSE:ORCL)
- Oracle Corp. Is investing $5 billion in the U.K. Over the next five years to expand its Cloud Infrastructure and support AI innovation.
- The U.K. Currently has the world’s third-largest AI industry, with potential contributions estimated at £47 billion annually to the economy over the next decade.
- British technology minister Peter Kyle emphasized that collaborating with global tech leaders like Oracle strengthens the U.K.'s position in the AI revolution.
- Oracle's investment will enhance cloud services and support various governmental agencies through a shared services platform.
18 Articles
18 Articles
Trump Ally Larry Ellison's Oracle Pledges $5 Billion To Boost UK's AI-Driven Cloud Infrastructure - Tesla (NASDAQ:TSLA), Oracle (NYSE:ORCL)
In a move to tap into the growing artificial intelligence (AI) industry in the U.K., Oracle Corp. (NYSE:ORCL) has pledged to invest $5 billion in the country over the next five years. What Happened: On Monday, Oracle announced that the investment aims to expand the Oracle Cloud Infrastructure’s footprint in the U.K. and support the U.K. government’s drive for AI innovation and adoption. “By collaborating with global tech leaders like Oracle, we’…
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ARNOracle strives for partner co-innovation and specialist drive
Oracle’s efforts to bring in new partners has seen a rise in businesses with various specialties entering its network as it continues to build out its market reach. Speaking at Oracle CloudWorld Tour’s Sydney conference on 18 March, the vendor’s Australia and New Zealand (A/NZ) regional managing director, Stephen Bovis, said as it looks into newer technologies, it’s finding specialist partners with capacity in these areas. “As part of our overal…
New AI Investment Funds and Strategic Expansions - SwissCognitive AI Investment Radar
AI investment funds are expanding as global players commit billions to infrastructure, automation, and energy solutions, shaping the future of AI-driven industries. New AI Investment Funds and Strategic Expansions – SwissCognitive AI Investment Radar This week’s AI investment landscape sees bold financial commitments, expanding cloud infrastructure, and the growing influence of AI across industries. Oracle is set to invest £3.9 billion in th…
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