ampere computing

Oracle is spending "billions" of dollars on chips from Nvidia 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. 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…

Advanced Micro Devices on Monday said it has won Meta as a data center chip customer, sending AMD shares up more than 11 percent as it cemented some of its gains against Intel.It also announced a range of new chips aimed at taking on larger rivals such as Nvidia in supercomputing markets, as well as smaller competitors, including Ampere Computing in the cloud computing market.After years of trailing the much larger Intel in the market for x86 processor chips, AMD has steadily gained market share since 2017, when a…