Oracle Said to Spend “Billions” on Nvidia Chips This Year to Expand Cloud Computing Service

Oracle Said to Spend “Billions” on Nvidia Chips This Year to Expand Cloud Computing Service

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…