Overview
- Oracle’s commitment translates to roughly 1.7 billion euros directed primarily to the Rhine-Main/Frankfurt area over five years to scale up AI applications and cloud services.
- Bundesdigitalminister Karsten Wildberger said the investment confirms Germany’s appeal for tech innovation and accelerates its digital transformation.
- Oracle’s SVP for Germany, Thorsten Herrmann, expects the funding to help organisations nationwide advance their cloud and AI initiatives.
- Frankfurt’s DE-CIX internet exchange serves as a key low-latency hub, underpinning the expansion and ensuring high-speed data transfers.
- The move intensifies competition with AWS, Google and Microsoft and raises questions about whether US-run clouds meet Germany’s strict data sovereignty rules.