Oracle has announced it will be investing$1 billion over the next decade in AI and cloud computing in Spain to cater to the growing demand for its services in the country. This investment will be used to establish a new cloud region enabling customers to transition workloads from their data centres to Oracle Cloud Infrastructure.

Additionally, it will assist in compliance with regulations such as the EU's Digital Operational Resilience Act (DORA) and the European Outsourcing Guidelines. This initiative marks Oracle's third cloud region in Madrid in collaboration with Telefonica Espa?a as project partner. Albert Triola, the head of Oracle Spain, emphasised the company's dedication to supporting organisations in Spain across various sectors and sizes, aiming to accelerate the adoption of cloud technologies to enhance business performance.

Jose Luis Escriv