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Oracle to make a $8 billion investment in Japan for cloud computing, AI


Oracle

Oracle 8 billion investment Japan cloud computing AI

Oracle plans to invest over $8 billion over a ten-year period, beginning in 2024, in the construction of more data centers in Japan to address concerns about economic security and other issues.

The American technology corporation intends to use Japan to handle and store sensitive data, including personal information.

Around the world, there is a growing movement to ensure "data sovereignty," which means controlling data within the country where it is collected. Businesses must comply with the General Data Protection Regulation (GDPR) of the European Union to securely store personal data. Japan's personal information protection law prohibits the cross-border transmission of personal data about individuals.

Oracle plans to build additional data centers in Tokyo and Osaka, where it already has operations. The demand for data storage is increasing due to the use of data to generate AI. This requires large amounts of data. Additionally, Oracle intends to strengthen its data centers by acquiring graphics processing units (GPUs).

Huge expenditures in data centers and related infrastructure are planned by major technology businesses in Japan. For instance, Amazon Web Services, one of the largest cloud service providers globally, has a five-year plan to invest 2.26 trillion yen ($14.65 billion) in Japan, while Microsoft intends to spend $2.9 billion over two years. The most recent business to declare a significant investment is Oracle.

The organization will make the anticipated capital investment in addition to updating its information management system. They want to hire officials in Japan to manage data center operations and customer support for customers with very sensitive data. This includes government organizations, financial institutions, healthcare enterprises, and telecommunications corporations.


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