Oracle Announces $14 Billion Investment in Saudi Arabia, Expanding Cloud and AI Partnership

Reuters

05-13

Oracle Announces $14 Billion Investment in Saudi Arabia, Expanding Cloud and AI Partnership

Oracle Corporation has announced a significant investment of $14 billion in Saudi Arabia over the next decade. This initiative aligns with the Kingdom's Vision 2030, aiming to enhance economic growth and innovation through advanced cloud and AI technology. Oracle's CEO, Safra Catz, highlighted that this partnership, bolstered by the support of President Trump's administration, is set to improve the lives of Saudi citizens, strengthen national security, and deepen ties with the United States. The investment is expected to create new economic opportunities and contribute to regional peace and prosperity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oracle Corporation published the original content used to generate this news brief on May 13, 2025, and is solely responsible for the information contained therein.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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