Oracle has big ambitions for artificial intelligence. And they’re turning to Advanced Micro Devices to build a new supercluster of GPUs to get closer to reaching them.
What’s happening:
- Advanced Micro Devices (NASDAQ: AMD) has landed a new deal with Oracle (NYSE: ORCL) to provide their Instinct MI300X GPUs to build out a new supercluster for artificial intelligence computing
Why it matters:
- Advanced Micro Devices will deploy thousands of their GPUs in the new deal with Oracle, which is a highly significant hardware deal
- The new supercluster is aimed at dramatically accelerating Oracle’s capabilities for artificial intelligence workloads, machine learning and high performance computing
Going deeper:
- Oracle has been publicly outspoken about their plans for becoming a dominant force in artificial intelligence and are aiming to integrate more generative artificial intelligence into their software platforms, as well for data and security purposes
- Building out massive superclusters and supercomputers has been a growing trend, with Elon Musk’s xAI previously raising billions in large part to acquire tens of thousands of Nvidia (NASDAQ: NVDA) GPUs
The intrigue:
- Even prominent publicly listed Bitcoin mining companies such as Hut 8 (NASDAQ: HUT) have been deploying smaller scale GPU clusters recently due to the massive demand for artificial intelligence cloud computing
