Oracle (ORCL) plans to partner with DayOne Data Centers Singapore Pte to establish its first cloud services center in Indonesia, Bloomberg’s Faris Mokhtar and Mackenzie Hawkins report. According to people familiar with the matter, Oracle will lease DayOne’s data centers located at Nongsa Digital Park on the Indonesian island of Batam, and will be the sole tenant at DayOne plots that could support facilities with at least 120 megawatts of power.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORCL:
- Google to Offer Substantial Cloud Computing Discounts to U.S. Government
- Google to give U.S. government discount on cloud services, FT reports
- Oracle (ORCL) Sets All-Time High as $30Bn AI Stargate Payoff Looms
- Amazon.com price target raised to $300 from $250 at Morgan Stanley
- “Don’t Miss This AI Powerhouse”: Top Analyst Boosts Palantir Stock (PLTR) Target to New Street-High