Tag: NVIDIA
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Oracle, Nvidia, and OpenAI: A $300 Billion Loop That Shook Wall Street
On what may go down as a historic trading day, Oracle shares rocketed 36 percent, marking their best performance since 1992. The trigger? News that OpenAI has committed a staggering $300 billion for cloud compute, with Oracle’s data centers set to become the backbone of that demand. Oracle’s Big Moment For Oracle, the partnership is…
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Meta’s AI Chip: A Game-Changer in the AI Hardware Industry?
Meta has recently taken a significant step toward semiconductor independence by initiating pilot testing of its first in-house AI chip. This custom semiconductor, developed in collaboration with Taiwan Semiconductor Manufacturing Company (TSMC), marks Meta’s effort to reduce its reliance on Nvidia’s GPUs, which have been integral to training AI models. The custom chip falls under…