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
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)
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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.