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.
. 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 designed to crunch that data for AI work. Oracle is also spending "billions" of dollars on Nvidia chips but even more on central processor units from Ampere Computing, a chip startup it has invested in, and Advanced Micro Device Inc"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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