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Oracle spending 'billions' on Nvidia chips this year – Ellison – One America News Network

By Stephen Nellis MENLO PARK, California (Reuters) - 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) ....

United States , Menlo Park , Larry Ellison , Richard Chang , Stephen Nellis , Microsoft Corp , Amazon Web Services , Nvidia Corp , Device Inc , Oracle Corp , Chairman Larry Ellison , Ampere Computing , Advanced Micro Device Inc ,

Oracle spending 'billions' on Nvidia chips this year

Oracle spending 'billions' on Nvidia chips this year
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United States , Menlo Park , Larry Ellison , Stephen Nellis , Richard Chang , Oracle Corp , Device Inc , Microsoft Corp , Nvidia Corp , Amazon Web Services , Chairman Larry Ellison , Ampere Computing , Advanced Micro Device Inc ,

Oracle spending 'billions' on Nvidia chips this year

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 ground against larger rivals such as Amazon Web Services and Microsoft Corp. To get an edge, Oracle has focused on building fast networks that can shuffle around the huge amount of data needed to create AI systems similar to ChatGPT. Oracle is also buying huge numbers of graphics processing units (GPUs) designed to crunch that data for AI work. ....

Menlo Park , United States , Larry Ellison , Stephen Nellis , Richard Chang , Amazon Web Services , Nvidia Corp , Device Inc , Oracle Corp , Microsoft Corp , Chairman Larry Ellison , Ampere Computing , Advanced Micro Device Inc ,