Oracle will offer cloud services running on Cerebras\u2019 AI computers in its data centres from 2027, the companies said. Cerebras, which went public in May, is expected to trip<\/a>le revenue next year to almost $3B, but investors worry about its place in a market Nvidia dominates.<\/p>\n Oracle will offer cloud services built on Cerebras Systems\u2019 AI computers in its data centres, Bloomberg reported<\/a>. The deal gives the young Nvidia challenger another large customer.<\/p>\n Cerebras builds each chip from a whole silicon wafer, the disk normally cut into many smaller processors. It says this lets its systems answer AI requests much faster than rivals.<\/p>\n Oracle Cloud Infrastructure plans to offer the service in 2027, the companies said on Tuesday<\/a>. Oracle did not say how much Cerebras hardware it will use.<\/p>\n \u201cAI inference demands choice,<\/em>\u201d said Mahesh Thiagarajan, president of Oracle Cloud Infrastructure.<\/p>\n Cerebras already counts OpenAI and Amazon Web Services as customers. Analysts expect it to triple its revenue next year to almost $3B, from less than $1B this year, according to Bloomberg.<\/p>\n Investors still worry that Cerebras is chasing a small niche in a market where Nvidia\u2019s products bring in close to $100B in sales each quarter. Shares in Cerebras, which listed in May, rose about 9.5% on Tuesday.<\/p>\n Oracle made the announcement at its annual AI World conference, alongside deals with Nvidia and Intel. It also buys Arm\u2019s own chips. Oracle plans to spend $70B on capital projects in the year to May 2027, after spending $55.7B the year before.<\/p>\n<\/p><\/div>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more like this article, you can visit our Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n
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