Tag
Larry Ellison
3 articles
Ellison's $500B AI Play: Oracle's Bet on Infrastructure as Moat
Oracle's Larry Ellison joins OpenAI and SoftBank on Project Stargate while positioning his company to capture enterprise AI workloads through data center dominance.
Ellison Halts $7.5B Oracle Stock Sale as AI Bet Weighs on Stock
Oracle's founder cancels planned share offering amid 23 percent decline and heavy debt load from infrastructure spending
Ellison Cancels $7.5B Oracle Stock Sale as Shares Slide 23% YTD
The founder's abrupt reversal of a 10b5-1 plan signals confidence in Oracle's AI pivot, but the move masks mounting pressure on margins and balance sheet