Oracle Plans $3 Billion Investment in AI and Cloud Infrastructure in Europe

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4 days ago
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Oracle Corporation has announced its intention to invest $3 billion in artificial intelligence and cloud infrastructure across Germany and the Netherlands over the next five years. The tech giant plans to allocate $2 billion for projects in Germany and $1 billion in the Netherlands. This investment aims to enhance Oracle's capabilities and presence in the European market, focusing on advancing technology infrastructure to support growing demands in AI and cloud services.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.