Oracle on Tuesday launched a cloud computing service powered by data Centre chips from Ampere Computing based on technology from Arm. Oracle joined hands for chips from Ampere Computing. Ampere Computing Company is founded by former Intel President Renee James.
Oracle said it is going to rent out the chips at 1 cent per computing core per hour, less than half of what it said was its rivals’ comparable rates.
Most of the Cloud based companies are the biggest buyers of chips because they rent out the computing power they generate to thousands of other companies.
Oracle announced some other initiatives also to expand the amount of business software that runs on Arm chips. Microsoft and Alphabet’s Google do not offer Arm-based cloud services to the public but soon they may.