OpenAI · Stargate · Google · Amazon · Oracle · Anthropic · TechCrunch AI
In December, Ampere’s major competitor SoftBank picked up it, and Oracle sold its stake for a handsome $2.7 billion pre-tax gain
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Oracle is raising money as fast as it can to build data centers for OpenAI and Stargate.
Key facts
- (James was, by the way, a key board person who helped vote in Oracle’s $9.3 billion purchase of NetSuite in 2016, a company where Larry Ellison was a major stockholder
- In December, Ampere’s major competitor SoftBank acquired it, and Oracle sold its stake for a handsome $2.7 billion pre-tax gain
- In February 2023, Uber began transitioning from on-premise data centers to the cloud using OCI and Google Cloud Platform, taking on the dual challenge of shifting massive workloads and introducing
- While Uber historically ran its own data centers, back in 2023, the ride-hailing company famously signed giant, multi-year cloud computing deals with Oracle and Google
Summary
On Tuesday, Amazon announced that Uber was expanding its contract for AWS cloud services to run more of its ride-sharing features on Amazon’s chips. This deal is a bit less about a long-term threat to Nvidia than it is a thorough thumbing of the nose by Amazon at AWS’s cloud competitors, Google and Oracle. While Uber historically ran its own data centers, back in 2023, the ride-hailing company famously signed giant, multi-year cloud computing deals with Oracle and Google. Even in December, Uber publicly reiterated that goal, writing in a blog post:. In February 2023, Uber began transitioning from on-premise data centers to the cloud using OCI and Google Cloud Platform, taking on the dual challenge of shifting massive workloads and introducing Arm-powered compute instances into a previously x86-dominated environment.