EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up 
Nvidia Develops New Location-Verification Technology for AI Chips 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
U.S.-EU Tensions Rise After $140 Million Fine on Elon Musk’s X Platform 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans 
Trump Criticizes EU’s €120 Million Fine on Elon Musk’s X Platform 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Tech moguls Elon Musk and Larry Ellison begged Nvidia CEO Jensen Huang over dinner for more AI GPUs, as Oracle plans a massive supercluster powered by Nvidia technology, signaling the escalating race in artificial intelligence.
Elon Musk and Larry Ellison Begged Nvidia’s Jensen Huang for GPUs
Oracle co-founder Larry Ellison, speaking during the most recent earnings call, acknowledged (via Barron's) that he had to grovel to Nvidia CEO Jensen Huang to get the latest graphics processing units (GPUs) for his company.
“In Nobu Palo Alto, I went to dinner with Elon Musk, Jensen Huang, and I would describe the dinner as me and Elon begging Jensen for GPUs. Please take our money; no, take more of it. You’re not taking enough of it; we need you to take more of our money, please,” Ellison pleaded with the other party throughout the call. “It went okay; it worked.”
Looking back, it appears that Ellison and Oracle got a lot out of this dinner.
More powerful than Musk and xAI's Memphis Supercluster, which presently contains 100,000 Nvidia H100 AI GPUs, the company's upcoming Zettascale AI supercluster, made of 131,072 Nvidia GB200 NVL72 Blackwell GPUs, would give 2.4 ZettaFLOPS of AI performance.
Mobile Generators to Support Oracle’s AI Projects Until Reactors Are Online
Oracle has already obtained permission to construct three modular nuclear reactors to supply its buildings with electricity, as its AI plans require a tremendous amount of power. But since it will probably take a while for data centers to have nuclear reactors installed, the business may, for the time being, follow Musk's example and use huge mobile generators to increase the local power supply if necessary.
Although it is smaller than other large IT businesses that provide data center services, Oracle Cloud Infrastructure (OCI) has a clear edge over Amazon Web Services (AWS), Microsoft Azure (Azure), and Google Cloud (Google Cloud).
Offline Servers Cater to Oracle’s Security-Conscious Clients
When it comes to meeting the unique needs of certain clients, Tom's Hardware claims that OCI offers superior flexibility. For the most security-conscious customers, it goes so far as to offer offline servers that operate on its own networking infrastructure.
Oracle may be little, but it is making a big splash with its AI initiatives.
Ellison, echoing Anthropic CEO Dario Amodei, predicts that the training of frontier AI models due out in the next three years will cost $100 billion. Plus, it appears that OCI aspires to be a frontrunner in the artificial intelligence processing industry.
"Someone’s going to be better at this than anybody else, and multiple people are trying, and there is a race," Ellison stated during the call. Finally, he chimed in, saying, "Getting there first is a big deal."
