Oracle to inject $5 billion in UK cloud infrastructure expansion

Investing.com -- Oracle (NYSE:ORCL), the American multinational computer technology corporation, has revealed plans to invest $5 billion in the UK over the next five years. This investment is intended to meet the surging demand for its cloud services in the country. The funds will be used to enhance Oracle Cloud Infrastructure’s (OCI) presence in the UK, assisting the UK Government in achieving its vision for AI innovation and implementation.

The investment is expected to enable a wider range of UK organizations to utilize Oracle’s extensive AI and cloud computing services. These services include sovereign AI, top-tier multicloud capabilities, and cutting-edge generative AI innovations.

The Secretary of State for Science, Innovation and Technology, The Rt Hon Peter Kyle MP, stated: "The UK is determined to lead the world in AI innovation, and today’s announcement from Oracle is a testament to our nation’s growing strength in this sector. This $5 billion investment will accelerate our AI ambitions, providing businesses and public services with cutting-edge cloud infrastructure to drive productivity, enhance security, and unlock new opportunities for growth – driving forward our Plan for Change. By working with global tech leaders like Oracle, we’re cementing the UK’s position at the forefront of the AI revolution, creating high-skilled jobs, fueling innovation, and securing our place as a world-leading tech powerhouse."

Siobhan Wilson, senior vice president and country leader, Oracle UK, also commented on the investment: “The UK Government’s vision is clear: use AI to help power the UK’s future. Today’s announcement cements Oracle’s commitment to supporting this vision. Oracle provides the world’s best cloud infrastructure for AI learning and inferencing. Our cloud investment will help ensure that customers can use AI to achieve new levels of productivity, unlock growth, and benefit from superior performance and security, all with improved cost savings.”

Oracle is dedicated to broadening its OCI presence in the UK to assist both public and private sector entities in sectors such as healthcare, financial services, defense, retail, and manufacturing. These organizations will be able to migrate any type of workload to the cloud, modernize their applications, and innovate with AI. They will also gain access to Oracle’s multicloud capabilities and UK’s public and sovereign cloud regions.

Oracle recently launched over 50 AI agents within the Oracle Fusion Cloud Applications Suite. These agents aim to assist customers in executing frequent, repetitive tasks across various sectors including finance, supply chain, HR, sales, marketing, and service. This allows employees and managers to concentrate on more strategic tasks and initiatives. With the $5 billion investment, Oracle hopes to help more organizations across the UK take advantage of the latest AI innovations, such as AI agents.

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