Internet entrepreneur Kim Dotcom is looking for a battle of technological wit if Team New Zealand challenges the next America's Cup.

He says he wants to pit his own technology against Oracle founder Larry Ellison to see who comes out on top and he'll throw in a few million dollars of sponsorship money as well.

This morning, the Megaupload founder revealed his main motivations for wanting to support Team New Zealand in the next America's Cup challenge.

"I always said I'd be a sponsor, probably not the main sponsor. My company is still relatively small so if we can chop in a couple of million [dollars] that would be great," he told Breakfast..

"But I think the greatest contribution I can make is help in terms of technology, you know?

"Develop a simulator that allows them measure mathematically much better how they can advance the technology on the boat in order to be faster and compete better with Team Oracle, so I see this as more of an intellectual challenge against the Oracle founder."

Dotcom said it would require him to list his new company Mega, to free up a marketing budget to move the plans forward.

But he said any speculation he wasn't serious about supporting Team New Zealand was incorrect.

Dotcom confirmed he would be meeting with team manager Grant Dalton in the coming weeks.