At a meeting with analysts last week, billionaire Oracle cofounder and chief technology officer Larry Ellison revealed how he and Elon Musk begged Nvidia CEO Jensen Huang for more GPUs, saying, "I would describe the dinner as Oracle-me and Elon begging Jensen for GPUs. Please take our money. Please take our money. By the way, I got dinner. No, no, take more of it. We need you to take more of our money, please." This shows the high demand for Nvidia GPUs among tech leaders.
Ellison emphasized that the competitive landscape won't hinder Oracle's growth, stating, "the race goes on." He drew a parallel to a Formula One race, saying, "You've got three people on the podium, but there's really kind of one winner. Someone is going to be better at this than anyone else, and multiple people are trying and there is a race." This captures the intense competition in the AI sector.
Ellison described the dinner's outcome positively, stating, "It went ok. I mean, it worked," when talking about their approach to securing more GPUs from Jensen Huang. This further highlights the lengths to which industry leaders go to meet their AI hardware needs.
With Nvidia controlling over 80% of the AI chip market, Ellison underscored the importance of maintaining strong partnerships, indicating how Oracle has positioned itself to exploit this burgeoning demand in AI and machine learning.
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