Larry Ellison and Elon Musk recently implored Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang for additional GPUs during a dinner at Nobu Palo Alto.
What Happened: During a meeting with analysts last week, Ellison, co-founder and CTO of Oracle Corp. (NYSE:ORCL), revealed that he and Tesla Inc. (NASDAQ:TSLA) CEO Musk "begged" Huang for more GPUs.
Ellison humorously recounted, "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."
The dinner's outcome was positive, according to Ellison, who said, "It went ok. I mean, it worked." Ellison, whose fortune is estimated at $206 billion, according to Forbes, has a history of anticipating technological shifts and positioning Oracle to benefit from them.
Oracle has maintained a strong relationship with Nvidia, which dominates the artificial intelligence chip market. The company is heavily investing in GPU technology for AI applications, with revenues up 7% to $13.3 billion in the first quarter of fiscal 2025.
Similarly, Tesla relies on Nvidia GPUs to train its neural networks for self-driving technology. Ellison emphasized the importance of being the first to build the most capable neural network, stating, "It's a big deal."
Why It Matters: The global supply of high-performance memory chips is expected to remain constrained throughout 2024, driven by the soaring demand for artificial intelligence technology. Leading memory chip suppliers like SK Hynix and Micron Technology Inc. are already facing shortages, with stock for 2025 nearly depleted.
In May, Musk acknowledged and praised Nvidia's impressive market cap, which had reached $2.55 trillion, making it the third most-valued global corporation.
In June, Musk justified his decision to divert Nvidia chips meant for Tesla to his other ventures, X and xAI, explaining that the existing factory space was already allocated to vehicle, battery, and cell production.
The demand for Nvidia's RTX 4090 graphics cards has also surged, leading to a supply crisis exacerbated by U.S. sanctions on advanced chips to China.
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Photos courtesy: Wikimedia, Shutterstock and Nvidia
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
拉里·埃裏森和埃隆·馬斯克最近在Nobu Palo Alto共進晚餐時，懇求了英偉達公司（納斯達克代碼: NVDA）首席執行官Jensen Huang額外供應gpu芯片。
事件經過: 上週與分析師會面期間，甲骨文公司（紐交所代碼: ORCL）的聯合創始人兼首席技術官埃裏森透露，他和特斯拉公司（納斯達克代碼: TSLA）首席執行官馬斯克"懇求"Huang提供更多gpu芯片。
埃裏森幽默地回憶說:"請接受我們的錢。順便說一下，我請客。不，不要再..我來更多。我們需要你拿更多我們的錢."
埃裏森表示，這次晚餐的結果是積極的，他說:"還好。我是說，事情進行得很好."根據《福布斯》估算，埃裏森的財富約爲2060億美元，他擅長預見技術轉變，並讓甲骨文從中受益。
甲骨文一直與英偉達保持着良好的關係，後者主導人工智能芯片市場。該公司正在大力投資於用於人工智能應用的gpu芯片技術，截至2025財年第一季度，收入增長了7%達到133億美元。
同樣地，特斯拉依賴於英偉達gpu芯片來訓練自動駕駛技術的神經網絡。埃裏森強調了首先構建最強大神經網絡的重要性，稱: "這很重要."
爲什麼重要: 高性能存儲芯片的全球供應預計在2024年仍然受限，這是由對人工智能技術的需求激增驅動的。領先的存儲芯片供應商如SK海力士和美光科技公司已經面臨短缺，2025年的庫存幾乎耗盡。
今年5月，馬斯克承認並讚揚英偉達令人印象深刻的市值，其市值已達到2.55萬億美元，使其成爲全球第三大有價值的公司。
6月，馬斯克對轉移原本用於特斯拉的Nvidia芯片用於他的其他項目X和xAI進行了辯解，解釋道已有的廠房空間已分配給了車輛、電池和電芯的生產。
Nvidia的RTX 4090顯卡需求也大幅增加，導致供應危機，而美國對向中國出售高級芯片的制裁使情況更加惡化。
照片來源：維基共享資源、shutterstock和英偉達
本報道使用Benzinga Neuro生成，並由Kaustubh Bagalkote
