Cloud AI

Oracle Cloud Infrastructure will deploy 50,000 AMD GPUs by late 2026, intensifying competition in cloud AI. AMD shares rose slightly on the news, while Oracle and Nvidia dipped. This reflects a trend of cloud providers diversifying GPU options beyond Nvidia, especially for AI inferencing. The partnership utilizes AMD’s Instinct MI450 chips for scalable AI computation. OpenAI is expanding its AMD infrastructure with a multi-year deal, potentially acquiring AMD shares. They also signed a $300 billion cloud agreement with Oracle, showing broader investment in diverse computing resources.