When Oracle CEO and Elon Musk “begged” Nvidia CEO Jensen Huang: Please take our money…. – Times of India

When Oracle CEO and Elon Musk “begged” Nvidia CEO Jensen Huang: Please take our money…. – Times of India



Oracle co-founder and chairman Larry Ellison has expressed a powerful need to accumulate extra Nvidia GPUs. In response to a report in Enterprise Insider, throughout a latest earnings name, Ellison revealed a dinner assembly with long-time buddy CEO Elon Musk and Nvidia CEO Jensen Huang at Nobu in Palo Alto. Ellison reportedly stated, “I’d describe the dinner as me and Elon begging Jensen for GPUs.”
He added that they informed Huang, “Please take our cash….we’d like you to take extra of our cash,” earlier than he quipped, “It went OK, it labored.”
One of many world’s richest billionaires, Ellison emphasised the significance of GPUs in constructing and coaching AI fashions, stating that the race to develop these fashions shall be a major funding over the following 5 years.Oracle has even secured permits to construct three nuclear reactors to energy a knowledge middle that can home a supercomputer geared up with as much as 131,072 Nvidia Blackwell GPUs.

Oracle gave GPUs to Elon Musk’s xAI

Throughout Oracle’s second-quarter earnings name final December — for its fiscal 12 months 2024 — Ellison stated his firm supplied Musk’s startup xAI with GPUs to coach its mannequin Grok. He stated, “They bought that up and operating, however boy did they need much more GPUs than we gave them; we’re within the means of getting them extra.”
Ellison famous that xAI’s demand for GPUs exceeded Oracle’s preliminary allocation.
Past the technical implications, Ellison additionally mentioned the potential societal impression of AI. He predicted that AI could possibly be used to observe residents, supervise law enforcement officials, and report misconduct. Ellison advised that this fixed surveillance may result in a extra compliant society.







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