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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Oracle to offer cloud services using AMD's upcoming AI chips

    Published by Global Banking and Finance Review

    Posted on October 14, 2025

    Featured image for article about Headlines

    (Reuters) -Oracle will offer cloud services using Advanced Micro Devices' upcoming MI450 artificial intelligence chips, the companies said on Tuesday, as they rush to tap the booming demand for infrastructure to support tools such as ChatGPT.

    The companies will first deploy 50,000 MI450 processors in the third quarter of 2026 and further expand in 2027 and beyond.

    The deal gives AMD another major client for its upcoming chips, while allowing Oracle to expand its processor offerings, at a time when businesses are rushing to secure compute capacity for developing AI.

    "Demand for large-scale AI capacity is accelerating as next-generation AI models outgrow the limits of current AI clusters," the companies said.

    AMD last week unveiled a deal to supply AI chips to OpenAI in a multi-year deal, giving the ChatGPT creator an option to buy up to roughly 10% stake in the chipmaker.

    AMD had worked with OpenAI to improve the design of its MI450 chips for AI work and the startup is building a one-gigawatt facility based on the processor next year.

    OpenAI is also reported to have signed one of the biggest cloud deals ever with Oracle, under which the ChatGPT maker is expected to buy $300 billion in computing power for about five years.

    The "AI superclusters" with AMD will be powered by the chipmaker's "Helios" rack design.

    AMD's larger competitor and the world's most valuable firm - Nvidia - now sells racks, or fully integrated systems which include GPUs and CPUs, with AMD rushing to follow suit.

    (Reporting by Arsheeya Bajwa in Bengaluru; Editing by Leroy Leo)

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