Oracle and Nvidia Partner For Better Cloud AI Computation Solutions

Anusuya Lahiri
·2 min read
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  • Oracle Corp (NYSE: ORCL) and NVIDIA Corp (NASDAQ: NVDA) forged a multi-year partnership to help customers solve business challenges with accelerated computing and AI.

  • The partnership aims to bring the full NVIDIA accelerated computing stack from GPUs to systems to software to Oracle Cloud Infrastructure (OCI).

  • OCI added tens of thousands more NVIDIA GPUs, including the A100 and upcoming H100, to its capacity.

  • Combined with OCI's AI cloud infrastructure of bare metal, cluster networking, and storage, this provides enterprises with a broad, easily accessible portfolio of options for AI training and deep learning inference at scale.

  • Oracle CEO Safra Catz said, "Our expanded alliance with NVIDIA will deliver the best of both companies' expertise to help customers across industries – from healthcare and manufacturing to telecommunications and financial services – overcome the multitude of challenges they face."

  • "Accelerated computing and AI are key to tackling rising costs in every aspect of operating businesses," NVIDIA CEO and founder Jensen Huang said.

  • U.S. restricted the sales of high-performance AI chips for servers, the A100 and H100, to China and Russia.

  • However, it authorized exports, reexports, and in-country transfers needed to continue Nvidia's development of H100 integrated circuits.

  • The U.S. aimed to restrict U.S. exports of certain semiconductors and equipment, fearing China's exploitation of the same for military purposes.

  • Nvidia CEO Jensen Huang warned analysts against Chinese cloud companies slowing down building out their data centers and that China was a "very large market" for the company.

  • Price Action: NVDA shares traded lower by 0.90% at $118.59 in the premarket on the last check Wednesday.

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