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[1]
Oracle to Spend $3B in Germany, Netherlands on Cloud, AI Infrastructure
The tech industry has said it plans to spend hundreds of billions of dollars on new infrastructure to train and power AI products. Oracle (ORCL) on Tuesday said it would invest a total of $3 billion upgrading its cloud infrastructure at its facilities in Germany and the Netherlands amid the tech industry's growing demand for artificial intelligence hosting capacity. In a pair of statements, Oracle said that the spending efforts will lead to a "significant expansion of AI infrastructure capacity" in both countries, with $2 billion allocated for Germany and another $1 billion to be spent in the Netherlands over the next five years. The company said the investments will help a wider range of public and private companies, along with local governments, "migrate any type of workload to the cloud, modernize their applications, and take advantage of the latest AI innovations." Other tech giants such as Microsoft (MSFT), Meta Platforms (META), Alphabet (GOOGL), and Amazon (AMZN), along with smaller startups like OpenAI and xAI, have collectively committed to spending tens of billions of dollars on massive data centers both in the U.S. and abroad that can be used to train and run AI models. Oracle is already part of a joint venture called Stargate, which will include itself and others like OpenAI spending hundreds of billions on building new AI infrastructure in the U.S. Oracle shares were up about 1% in premarket trading. They entered the day up more than 37% since the start of the year, slightly below the record levels the stock reached earlier this month.
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Oracle To Invest $3 Billion In AI And Cloud Infrastructure Expansion Across Germany, Netherlands - Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN)
Oracle Corp. ORCL announced on Tuesday it will invest $3 billion over five years in artificial intelligence and cloud infrastructure across Germany and the Netherlands, marking a significant expansion of its European operations as demand for AI services accelerates. What Happened: The enterprise software giant will allocate $2 billion to Germany and $1 billion to the Netherlands, according to separate company statements. The investment will expand Oracle Cloud Infrastructure (OCI) presence in both markets and includes substantial AI infrastructure capacity increases in the Oracle Cloud Frankfurt and Amsterdam regions. "With our plans to invest two billion U.S. dollars in AI infrastructure and cloud computing over the next five years, we are helping organizations across Germany accelerate their AI and cloud transformation," said Thorsten Herrmann, Senior Vice President and Country Leader of Oracle Germany, in the company's press release. The European expansion comes as Oracle leverages momentum from recent government contract wins in the United States. The company secured unprecedented federal discounts of 75% on license-based software and substantial cloud service reductions through November, according to the General Services Administration. See Also: Nvidia Growth Estimates Get 10% Boost As US Lifts China Chip Export Curbs: Gene Munster Predicts 30-35% Growth For 2026 Why It Matters: Oracle's shares have surged more than 8.61% over the past month following strong fourth-quarter earnings that exceeded estimates. CEO Safra Catz noted a "strong start" to fiscal 2026, with MultiCloud database revenue growing over 100% year-over-year. The German investment will support key industries including manufacturing, automotive, renewable energy, science, and healthcare sectors. Federal Minister for Digital Affairs, Karsten Wildberger, stated the investment "strengthens our digital infrastructure and enables companies and public authorities to benefit from state-of-the-art AI and cloud technologies." In the Netherlands, Oracle will target financial services, logistics, life sciences, and energy sectors. The company emphasized its unique position as the only hyperscaler capable of delivering over 200 AI and cloud services across edge, data center, multicloud, and public cloud environments. Analysts at Jefferies previously called Oracle's recent agreements a "pivotal moment" in the company's transition to hyperscale cloud status, with regulatory filings indicating potential for over $30 billion in yearly revenue by fiscal 2028. Read Next: Peter Thiel-Linked GPx Targets $500 Million To Reinvent VC With Fund-Of-Funds Twist, Backing Early-Stage Stars Into Series B: Report Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Sundry Photography / Shutterstock.com AMZNAmazon.com Inc$226.070.17%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum64.46Growth97.07Quality66.48Value49.56Price TrendShortMediumLongOverviewGOOGLAlphabet Inc$181.620.03%MSFTMicrosoft Corp$501.60-0.28%ORCLOracle Corp$233.031.64%Market News and Data brought to you by Benzinga APIs
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Oracle to invest US$3 billion in AI, cloud expansion in Germany, Netherlands
The Austin, Texas-based company joins a growing list of technology firms that have pledged tens of billions of dollars to meet robust cloud computing demand as businesses increasingly deploy AI workloads. Last year, Amazon said it would invest 10 billion euros in Germany, bringing its total planned investments in the European country to 17.8 billion euros. Together, big tech companies are expected to spend US$320 billion on AI this year. On Monday, Meta CEO Mark Zuckerberg said the social media giant would spend hundreds of billions of dollars to build several massive AI data centers. Demand has been growing for the cloud and AI services offered by firms including Oracle, Amazon.com, Microsoft and Google because they can replace or outperform software created by traditional IT firms, some analysts say. Oracle would spend US$2 billion in Germany and US$1 billion in the Netherlands, the company said in separate statements. Its shares rose two per cent in trading before the bell. They have risen nearly 38 per cent so far this year. The company expects its capital spending to surpass US$25 billion in fiscal 2026, with the bulk of the expenditure 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 said in June. Oracle has secured a deal with an undisclosed client that is expected to generate over US$30 billion in annual revenue for the company starting in fiscal year 2028, according to a regulatory filing last month. ---
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Oracle Pledges $3 Billion for AI, Cloud Infrastructure in Germany, Netherlands
Oracle said it would invest $3 billion to expand its artificial-intelligence and cloud infrastructure in Germany and the Netherlands over the next five years, joining a growing list of U.S. companies that are seeking to bolster their services in Europe. The cloud-services giant said it was pouring $2 billion to expand its cloud infrastructure in Germany, while also beefing up AI capacity in the Frankfurt region. The remaining $1 billion will help the company expand its cloud infrastructure in the Netherlands as well as AI capacity in the Amsterdam region. The group said the investments would make it easier to tap demand from clients across the public and private sectors as they seek to migrate their workload to the cloud and leverage AI to automate routine tasks. Oracle joins a growing cohort of U.S. companies that are injecting billions of dollars into their cloud and AI infrastructure in Europe. Advancements in AI have ushered in a wave of investments from tech giants seeking to bolster their offering and satisfy growing customer demand for more powerful data centers and more capable cloud services. Brookfield Asset Management said last month that it would invest up to 95 billion Swedish kronor ($9.88 billion) into an AI data center in Sweden, while Microsoft in October unveiled plans to spend about $4.75 billion over two years in cloud and AI infrastructure in Italy. Amazon.com said in June last year that it was planning to invest 17.8 billion euros ($20.77 billion) through 2040 to expand its logistics network and cloud infrastructure in Germany. The e-commerce giant also laid out plans to invest 15.7 billion euros over the next decade to expand its cloud services in Spain.
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Oracle to invest $3 billion in AI, cloud expansion in Germany, Netherlands
(Reuters) -Oracle will invest $3 billion in Germany and the Netherlands over the next five years to bolster its infrastructure powering artificial intelligence and cloud offerings in the European market, the company said on Tuesday. The Austin, Texas-based company joins a growing list of technology firms that have pledged tens of billions of dollars to meet robust cloud computing demand as businesses increasingly deploy AI workloads. Last year, Amazon said it would invest 10 billion euros in Germany, bringing its total planned investments in the European country to 17.8 billion euros. Together, big tech companies are expected to spend $320 billion on AI this year. On Monday, Meta CEO Mark Zuckerberg said the social media giant would spend hundreds of billions of dollars to build several massive AI data centers. Demand has been growing for the cloud and AI services offered by firms including Oracle, Amazon.com, Microsoft and Google because they can replace or outperform software created by traditional IT firms, some analysts say. Oracle would spend $2 billion in Germany and $1 billion in the Netherlands, the company said in separate statements. Its shares rose 2% in trading before the bell. They have risen nearly 38% so far this year. The company expects its capital spending to surpass $25 billion in fiscal 2026, with the bulk of the expenditure 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 said in June. Oracle has secured a deal with an undisclosed client that is expected to generate over $30 billion in annual revenue for the company starting in fiscal year 2028, according to a regulatory filing last month. (Reporting by Bipasha Dey, Dheeraj Kumar and Jaspreet Singh in Bengaluru; Editing by Sherry Jacob-Phillips and Anil D'Silva)
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Oracle : to Invest U.S. $1 Billion in AI and Cloud Infrastructure in the Netherlands
Oracle plans to invest U.S. $1 billion over the next five years to meet the rapidly growing demand for its AI and cloud services in the Netherlands. The investment will expand Oracle Cloud Infrastructure's (OCI) footprint in the Netherlands and will include a significant expansion of AI infrastructure capacity in the Oracle Cloud Amsterdam Region. This will enable more enterprises, startups, and public organizations in the Netherlands to take advantage of Oracle's industry-leading AI infrastructure and sovereign cloud to innovate with AI, data, and analytics. "Organizations in the Netherlands are rapidly embracing AI and new technologies," said Wilfred Scholman, vice president and Netherlands country leader, Oracle. "The Dutch government has made clear its ambition to establish a strong technology industry ecosystem in the Netherlands that offers opportunities for AI innovation for both economic and societal benefit. The investment we are announcing today, including a significant expansion of OCI's AI infrastructure capacity, reaffirms our commitment to help organizations in the Netherlands of every size and across every industry-including the Netherlands' thriving startup and SME sector-innovate with data and AI to boost productivity, resilience, and sustainable growth." This investment will see Oracle expanding its OCI footprint in the Netherlands to help organizations in key local industries such as financial services, logistics, life sciences, and energy migrate all types of workloads to the cloud, modernize their applications, and leverage the latest AI innovations. Oracle is uniquely placed to help customers in the Netherlands address a variety of data privacy, sovereign AI and low latency requirements, as it is the only hyperscaler that can deliver 200+ AI and cloud services at the edge, in a customer's datacenter, across clouds, or in the public cloud. Oracle's distributed cloud offerings in the Netherlands include its commercial cloud region in Amsterdam, OCI Dedicated Region, Oracle Exadata Cloud@Customer, Oracle Alloy, and multicloud capabilities. In addition, Oracle EU Sovereign Cloud helps Dutch and EU customers with data and applications that are sensitive, regulated, or of strategic regional importance, take advantage of the latest AI innovations and move to the cloud. Oracle's distributed cloud delivers the benefits of cloud with greater control and flexibility. Oracle's distributed cloud lineup includes:
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Oracle announces a significant $3 billion investment over five years to enhance its AI and cloud infrastructure in Germany and the Netherlands, joining other tech giants in the race to meet growing demand for AI and cloud services in Europe.
Oracle Corporation has announced a significant investment of $3 billion over the next five years to expand its artificial intelligence (AI) and cloud infrastructure capabilities in Germany and the Netherlands 12. This move positions Oracle among the growing list of technology giants making substantial investments in European markets to meet the increasing demand for AI and cloud computing services.
The investment will be split between the two countries, with $2 billion allocated to Germany and $1 billion to the Netherlands 3. Oracle's primary objectives for this expansion include:
Oracle's investment comes at a time when the tech industry is witnessing a surge in demand for AI and cloud services. Other major players like Microsoft, Meta Platforms, Alphabet, and Amazon have collectively committed tens of billions of dollars to build massive data centers for AI model training and deployment 15. The collective spending on AI by big tech companies is expected to reach $320 billion this year alone 3.
This European expansion is part of Oracle's broader strategy to capitalize on the growing AI and cloud market. The company expects its capital spending to surpass $25 billion in fiscal 2026, with a significant portion dedicated to data-center infrastructure, including AI capabilities 5. Oracle CEO Safra Catz has expressed confidence that this increased capacity will accelerate the company's revenue and profit growth 5.
Source: BNN
The investment has been welcomed by local authorities. In Germany, Federal Minister for Digital Affairs, Karsten Wildberger, stated that the investment "strengthens our digital infrastructure and enables companies and public authorities to benefit from state-of-the-art AI and cloud technologies" 2. Oracle's expansion is expected to facilitate easier migration of workloads to the cloud and enable organizations to leverage the latest AI innovations 1.
Source: Market Screener
Oracle's shares have seen a significant rise of nearly 38% year-to-date, reflecting investor confidence in the company's AI and cloud strategy 5. The company has also secured a deal with an undisclosed client that is projected to generate over $30 billion in annual revenue starting in fiscal year 2028 35. This, coupled with the European investment, positions Oracle strongly in the competitive AI and cloud services market.
Oracle's $3 billion investment in Germany and the Netherlands represents a strategic move to strengthen its position in the rapidly evolving AI and cloud computing landscape. As businesses increasingly adopt AI workloads and seek robust cloud solutions, Oracle's expanded infrastructure aims to meet this growing demand while supporting key industries across Europe.
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