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You Won't Believe What Larry Ellison and Elon Musk Said to Nvidia CEO Jensen Huang


Larry Ellison is the chairman of Oracle (NYSE: ORCL), which is currently building some of the fastest and most cost efficient data centers in the world for developing artificial intelligence (AI). Elon Musk, on the other hand, runs Tesla (NASDAQ: TSLA), which is building AI-powered self-driving software for its electric vehicles. He also runs SpaceX, X (formerly Twitter), and a new AI start-up called xAI.

Ellison and Musk need tens of thousands of graphics processors (GPUs) for their data centers in order to bring AI to life, and Nvidia (NASDAQ: NVDA) supplies the best chips in the industry.

At Oracle's financial analyst meeting on Sept. 12, Ellison told the audience that he and Musk recently went to dinner with Nvidia CEO Jensen Huang at the Nobu restaurant in Palo Alto. The two, who are among the richest people on Earth, found themselves begging Huang for something money simply can't buy at the moment. Here's how it went down.

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Source Fool.com

Oracle Corp. Stock

€148.34
-1.570%
We can see a decrease in the price for Oracle Corp.. Compared to yesterday it has lost -€2.360 (-1.570%).
With 49 Buy predictions and not a single Sell prediction Oracle Corp. is an absolute favorite of our community.
As a result the target price of 156 € shows a slightly positive potential of 5.16% compared to the current price of 148.34 € for Oracle Corp..
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