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Sakura Internet Considers Increasing Spending Sevenfold to Meet Demand

According to Bloomberg, the CEO of Sakura Internet Inc. stated that to keep up with the growing demand for artificial intelligence in Japan, the company may need to increase its capital expenditures to nearly seven times its initial plan. The data center operator is considering investing up to 20 billion to 30 billion yen (approximately 125 million to 190 million USD) in the current fiscal year. Founder and CEO Kunihiro Tanaka indicated that this figure is significantly higher than the 4.4 billion yen official capital expenditure plan announced by the Osaka-based company last month.

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