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Tag

larry ellison

3 articles

Technology18h ago

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.

Technology19d ago

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

U.S. Equities20d ago

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