The U.S. computer technology company says investment will enlarge footprint of its cloud infrastructure business in Japan

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Oracle ORCL -0.97%decrease; red down pointing triangle plans to invest more than $8 billion in Japan over the next decade to meet the growing demand for cloud computing and artificial intelligence infrastructure in the world’s fourth-largest economy.

The U.S. computer technology company said late Wednesday the investment will enlarge the footprint of its cloud infrastructure business in Japan and “significantly expand” its operations and support engineering teams to address digital sovereignty requirements in the country.

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