Saturday, November 23, 2024

Larry Ellison and Elon Musk “begged” Nvidia CEO for more GPUs

The secret to getting more of the coveted Nvidia graphics processors which can be essential for the advancement of artificial intelligence and machine learning might be yellowtail sashimi.

At a gathering with analysts last week, billionaire Oracle co-founder and chief technology officer Larry Ellison told the audience that he and the world’s richest man, Elon Musk, had invited Nvidia CEO Jensen Huang to dinner. Nobu Palo Alto and “begged” Huang to provide them more GPUs.

“I would describe the dinner as an oracle – Elon and I begging Jensen for GPUs,” Ellison recalled. “Please take our money. Please take our money. By the way, I got the dinner. No, no, take more of it. You have to take more of our money, please.”

The overall result was positive, said Ellison. “It went quite well. I mean, it worked.”

Ellison, whose famous Assets Valued at $206 billion, is a outstanding figure within the technology industry and serves because the CEO of enterprise software company Oracle. He is understood for foreseeing major technological changes, including properly positioning the $475 billion tech giant to make the most of the Internet in its early stages. He further solidified the corporate by pivoting it to capitalize on the increasing need for cloud-based enterprise infrastructure. The company has a powerful relationship with Nvidia, which controls greater than $100 billion. 80% of the AI ​​chip marketand is the primary alternative for corporations working in the sector of AI.

Last week meet Ellison said that the competitive landscape won’t hinder Oracle’s growth. The easiest solution to have a look at it’s to say, “The race is on,” Ellison replied. He compared the present competition in AI to a formula 1 racing.

“Three people are on the podium, but there’s actually a winner,” Ellison said. “Someone is better at it than everyone else, and several people try it, and there’s a race.”

Oracle, for its part, is gigantic investments in GPU technology, especially for AI applications. This month’s tech giant announced First-quarter results for fiscal 2025 and announced revenue rose 7% 12 months over 12 months to $13.3 billion. Profit was $2.9 billion. Oracle also announced it has 162 cloud data centers in operation or under construction worldwide. The largest of those is 800 megawatts and can house “acres of Nvidia GPU clusters” used to coach large-scale AI models. In the primary quarter, Oracle signed 42 more cloud GPU contracts totaling $3 billion.

The situation is analogous with Tesla, where Musk is CEO. relies on on Nvidia GPUs to power the supercomputers that train its neural networks for autonomous driving and driver-assistance technology.

Ellison said being the primary to construct the world’s strongest neural network is “a big deal.” Given the need to be on the forefront, many AI executives are begging Huang for GPUs and data center construction, he said.

“Does anyone know what it will cost to build a pioneering model in the next three years?” Ellison was referring to essentially the most advanced, cutting-edge AI systems.

“One hundred billion,” Ellison said. “That puts you in the game.”

“Not many people, not many companies and not many countries will participate.”

Nvidia and Tesla didn’t immediately reply to AssetsPlease leave a comment.

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