© Reuters. Oracle (ORCL) spending ‘billions’ on GPUs from Nvidia (NVDA), but 3x that on CPUs from AMD (AMD) and Ampere
At an event on Wednesday, Oracle (NYSE:) co-founder and Chairman, Larry Ellison provided some insight on how much money the company is spending on AI technology… and it’s a lot.
Ellison said the company is spending “billions” of dollars on Nvidia (NASDAQ:) GPU chips but, but three times that amount on CPU chips from Ampere and AMD (NASDAQ:).
“This year, Oracle will buy GPUs and CPUs from three companies,” Ellison commented. “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.”
Ampere Computing is a chip startup Oracle invested in.
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