Oracle to Spend $3B in Germany, Netherlands on Cloud, AI Infrastructure
1. Oracle plans to invest $3 billion in AI cloud infrastructure in Europe. 2. Germany will receive $2 billion; Netherlands will get $1 billion over five years. 3. Investment aimed at expanding cloud capabilities for public and private sectors. 4. Oracle joins tech giants in massive infrastructure spending for AI technology. 5. Oracle's stock is up 37% year-to-date, nearing record levels.