Larry Ellison on the Race for AI

Published: Sep 13, 2024 Duration: 00:04:23 Category: Science & Technology

Tags : elon musk F1 ai Nvidia jensen huang oracle larry ellison frontier models

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thanks uh hey Larry Jackson ader at KeyBank Capital markets um if I think about 2029 what about artificial intelligence has to go right for those targets to be hit um and how right does it have to go for those targets to be hit thank you okay I think on on the AI I mean how depend the our dependency on AI by 2029 I can guarantee you AI is not going to be the problem because the simple phrase the race goes on and I mean this is like Formula 1 what do I mean by that it's really not one winner I mean you got three people on the podium but it's really kind of one winner someone's going to be better than this than anybody else and multiple people are trying and there is a race if you listen to Jensen Wong and I'm sure you do I know I know you do because I I've seen his stock price and I know I I went to dinner with Elon in noou paloalto I went to dinner with Elon Musk Jensen Wong and and I went to dinner and I would describe the dinner as Oracle and uh me and Elon begging Jensen for gpus please take our money please take our money I by the way I got dinner please take our money take no no take more of it you're not you're not taking enough it we need you to take more of our money please it went okay it was worked I mean we we uh yeah I mean the the demand for gpus the the desire to be first the desire to build the most capable neural network in the world getting their first is a big deal whether it's getting their first in self-driving or getting their F their first in Reading cancer biopsy slides getting their first uh in synthesizing video and making movies or I mean but there's a I mean this impacts so many uh doing protein design uh build design you I mean we're very involved in designing both small molecules and and and protein much larger molecules peptides proteins um for um cancer Therapeutics designing cancer Therapeutics I mean being first is very important and the guys who are in this race are very smart and they under and they understand they need to be they need to be best at something they they' like to be first so you uh they're spending a lot of time and a lot of money begging Jensen you know building we're building data centers I mean my God we're built nuclear reactors are you kidding me that sounds completely made up but it's not um you need a lot of power to to you know to you know power Acres of these GP I mean it's Acres of these GPU clusters I'm not sure has anything like this ever happened before you know what a you know what basic Stakes is you know what it costs to build uh a Frontier Model anyone know over the next three three years how much will be spent if you want to you're one of the companies that want to build a Frontier Model you know how much how much will you spend anybody anyone want to guess 10 billion anyone 100 billion yeah 100 billion that's kind of get you in the game put put down your 100 billion you ever see Molly's game you know you come in and you say here's my money okay it's not Molly's game it's it's a bigger game put in your 100 billion and you and you and you you're in the race not a lot of people not a lot of companies not a lot of countries you know will participate I'm going to go over over there

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