Oracle’s AI-Driven Surge and Ellison’s Media Ambitions

Larry Ellison's Oracle has cemented its position as a dominant force in cloud computing and artificial intelligence, fueled by a landmark partnership with OpenAI and $455 billion in signed contracts. The company's recent earnings report triggered its largest single-day gain since 1992, propelling Ellison's net worth to $363 billion—briefly surpassing Elon Musk.

The momentum extends beyond tech. Ellison is making strategic moves into media, with reports indicating a potential majority-cash bid for Warner Bros. Discovery. This follows his son David Ellison's takeover of Paramount Global, setting the stage for a media conglomerate controlling Paramount+, HBO Max, and major Hollywood studios.

Political alliances are amplifying Ellison's influence. A $500 billion AI data center venture, Stargate, was announced alongside former President Donald Trump, OpenAI's Sam Altman, and SoftBank's Masayoshi Son. "AI is a much bigger deal than the Industrial Revolution," Ellison declared at a Dubai summit, underscoring his bullish stance on the technology's transformative potential.