Nvidia stock has more than tripled this year as investors bet the graphics-chip specialist will power the artificial-intelligence revolution. Elon Musk is among those who can’t get enough of its semiconductors, Oracle’s Larry Ellison said on Monday.
Musk has opted to use Oracle’s servers to run his xAI company’s recently launched chatbot, Grok. The cloud-infrastructure giant managed to provide enough Nvidia chips to power the first version of Grok, but fell short of Musk’s demands, Ellison said during Oracle’s latest earnings call, according to a transcript provided by AlphaSense/Sentieo.
“Boy, did they want a lot more GPUs than we gave them,” Oracle’s billionaire cofounder and tech chief said. “We gave them quite a few but they wanted more, and we are in the process of getting them more.”
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