The major American technology company established by One of Donald Trump’s most prominent wealthy supporters was is committed to investing £3.9 billion ($5 billion) in Britain.
Over the coming five years, Larry Ellison’s Oracle announced plans to invest in enhancing its data center infrastructure and aiding numerous enterprises in adopting artificial intelligence (AI) technologies.
Mr. Ellison, who ranks as the world’s fifth wealthiest individual with a net worth of $169 billion, established the firm back in 1977 and currently holds the positions of executive chairman and chief technology officer at the company.
He has strongly supported Mr. Trump and is also a close associate of Elon Musk. He previously served on Tesla's board and invested in the latter's acquisition of Twitter.
Mr. Ellison was involved in a $100 billion "Stargate" artificial intelligence initiative that was unveiled on Mr. Trump’s first complete day as President.
Oracle, among the globe's leading suppliers of cloud computing, announced a $5 billion investment aimed at "addressing the swiftly increasing demand for its cloud services within the UK."
The statement indicated that it would entail developing their cloud infrastructure within the UK. However, they didn’t specify if this development would include building additional data centers or enhancing the current facilities. Presently, the firm operates locations in London and Newport.
AI systems demand substantial computational resources, which are generally available only in "hyperscale" data centers. Labor has placed importance on simplifying their construction in Britain .
The government is already a major Oracle client, with departments such as Work and Pensions, Environment, Food & Rural Affairs, Ministry of Justice, and the Home Office being some of its users.
Mr Ellison, 80, is a major supporter of Sir Tony Blair, having pledged $375m to the former prime minister’s Institute for Global Change. He has also funded a $1bn Institute of Technology in Oxford designed to help British start-ups better commercialise research.
Siobhan Wilson, Oracle’s UK head, said: “The UK Government’s vision is clear: use AI to help power the UK’s future.
“Today’s announcement cements Oracle’s commitment to supporting this vision.”
Peter Kyle, the Technology Secretary, said: “The UK is determined to lead the world in AI innovation, and today’s announcement from Oracle is a testament to our nation’s growing strength in this sector.
This $5 billion investment will speed up our AI goals, offering advanced cloud infrastructure to businesses and public services. This initiative aims to boost productivity, improve security, and create new avenues for expansion—moving our Plan for Change ahead.
If President Trump insists on forcing the sale of TikTok’s U.S. operations due to its Chinese ownership, Oracle is well-positioned to acquire it. According to reports from Politico over the weekend, the company has recently ramped up discussions with the administration.
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