Tech giant Oracle is ramping up its UK investment
Oracle has revealed plans to expand its global AI development hub in the UK and double the size of the team at its offices in Reading.
The tech giant said it will take advantage of the “strong local talent pool” to hire data scientists and architects to extend its leadership in AI and machine learning.
Oracle did not reveal how much it plans to invest.
“Our expansion in the UK reflects the region’s strong technology talent,” said CEO Safra Catz.
“The global AI development hub in Reading accelerates innovation and helps customers take advantage of these critical emerging technologies by making them pervasive throughout our cloud offerings.”
Oracle said its growing AI development team in Berkshire is “at the forefront of industry” in delivering innovative AI and machine learning technology.
For example, the company’s tech is being used by the NHS to identify almost £600 million of savings.
The announcement was welcomed by digital secretary Jeremy Wright, who said: “I’m pleased that Oracle recognises our unique combination of talent, business environment and entrepreneurial spirit and is expanding its development hub here.
“We are a world leader in artificial intelligence and our modern Industrial Strategy puts pioneering technologies at the heart of our plans to build a Britain fit for the future.”