An amplifying optical fiber includes a core containing oxides of elements selected from the group consisting of silicon, germanium, phosphorus, bismuth, aluminum, gallium with a concentration of bismuth oxide of 10-4-5 mol %, a total concentration of silicon and germanium oxides of 70-99.8999 mol %, a total concentration of aluminum and gallium oxides of 0.1-20 mol % wherein both aluminum and gallium oxide are present and a ratio of aluminum oxide to gallium oxide is at least two, and a concentration of phosphorus oxide from 0 to 10 mol %, and provides a maximum optical gain at least 10 times greater than the nonresonant loss factor in the optical fiber. An outside oxide glass cladding comprises fused silica. The core has an absorption band in the 1000 nm region, pumping to which region provides an increased efficiency of power conversion of pump light into luminescence light in the 1000-1700 nm range.