MENLO PARK, California : Oracle Corp is spending 'billions' of dollars on chips from Nvidia Corp as it expands a cloud computing service targeting a new wave of artificial intelligence (AI) companies, Oracle founder and Chairman Larry Ellison said on Wednesday.Oracle's cloud division is working to gain g
MENLO PARK, California : Oracle Corp is spending"billions" of dollars on chips from Nvidia Corp as it expands a cloud computing service targeting a new wave of artificial intelligence companies, Oracle founder and Chairman Larry Ellison said on Wednesday.
Oracle is also buying huge numbers of graphics processing units designed to crunch that data for AI work. "This year, Oracle will buy GPUs and CPUs from three companies," Ellison said."We will buy GPUs from Nvidia, and we're buying billions of dollars of those. We will spend three times that on CPUs from Ampere and AMD. We still spend more money on conventional compute."
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