Oracle Embarks On Data Center Building Spree
CIODIVE, Tuesday, December 12,2023
DIVE BRIEF Oracle embarks on data center building spree The company had 'billions of dollars more in contracted demand than we currently can supply,' CTO Larry Ellison said Monday.
Oracle promised massive cloud data-center buildouts to accommodate enterprise migrations, AI workloads and sovereign solutions Monday during a Q2 2024 earnings call.
The company intends to expand capacity at 66 existing data centers and build 100 more, including 20 connected to Azure infrastructure, Chairman and CTO Larry Ellison said. Ellison did not provide a timeline, but said the company had 'billions of dollars more in contracted demand than we currently can supply.'