Oracle founder Larry Ellison will invest an additional £890m to expand his Oxford research institute into a 2m sq ft innovation campus.
The move comes amid leadership turmoil, with the institute facing scrutiny over its direction following a year of internal upheaval.
Ellison’s determination to anchor a world-leading hub for AI, health, and climate research in the UK remains unwavering.
The expanded development, designed by Norman Foster, will cover 2 million square feet and accommodate up to 7,000 scientists, technologists, and entrepreneurs.
This investment underlines the UK’s position in private tech investments, making it one of Europe’s largest private R&D campuses.
Author's summary: Larry Ellison invests £890m in Oxford research institute.