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The Latest Breaking News from Larry Ellison

OpenAI signs contract to buy $300 billion worth of Oracle computing power over the next five years — company needs 4.5 gigawatts of power, enough to power four million homes

OpenAI and Oracle have signed one of the largest technology deals in history, worth $300 billion. Over five years starting in 2027, Oracle will provide OpenAI with over 4.5 gigawatts worth of computing power to help power ChatGPT and other AI products and services.

Tom’s Hardware

Larry owes Jensen, big time.

Most of Oracle's surging revenue is coming from a $300 billion deal with OpenAI. Plus: Tucker Carlson grills OpenAI's Sam Altman, Klarna's IPO pops, and Microsoft goes back to the office.

Fortune

Tech mogul battles with Elon Musk to become world’s richest man

IN FULL

The Independent UK

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Elon Musk briefly lost the 'world's richest person' title to Oracle's Larry Ellison

Oracle's shares soared over 40% on Wednesday before slipping slightly, boosting co-founder Larry Ellison's fortune beyond the Tesla CEO's wealth for a few hours.

Euronews

Larry Ellison: Oracle co-founder who overtook Musk as world’s richest person

Tycoon who briefly surpassed Elon Musk is a friend of Trump, owner of Hawaiian island and father of man who took over CBS

The Guardian - US

Oracle Surges In After-Hours Trading After Popping 36%, Larry Ellison Briefly Becomes Richest Person

Oracle Corp. (NYSE:ORCL) shares are trending on Thursday.

Benzinga

AI's New Cloud King: Oracle's Rally Could Rewrite ETF Playbooks

Oracle Corp’s (NYSE:ORCL) shares soared over 40% on Wednesday, a day after posting its earnings powered by booming demand for AI infrastructure, pushing CEO Larry Ellison ahead of Tesla Inc (NASDAQ:TSLA) scion Elon Musk as the world’s wealthiest individual.

Benzinga

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Musk's Title Of Richest Person Challenged By Oracle's Ellison

Billionaire Elon Musk is at risk of losing his title as the world's wealthiest person to Oracle co-founder Larry Ellison, whose software giant is poised for massive AI riches.

International Business Times

Larry Ellison Topples Elon Musk To Become World's Richest As Oracle Stock Explodes To Record Highs

Thanks to a soaring price for Oracle Corporation (NYSE:ORCL) stock on Wednesday, there's a new richest person in the world. While Oracle missed its first-quarter estimates from analysts, the company's guidance has Wall Street taking notice.

Benzinga

If You Invested $1,000 In Oracle Stock At IPO, Here's How Much You'd Have Today

Shares of software company Oracle Corporation (NYSE:ORCL) hit new all-time highs on Wednesday after the company reported first-quarter financial results and future guidance.

Benzinga

Elon Musk briefly loses world’s richest man title in new ranking

Stock in one of Musk's biggest holdings, Tesla, has dropped 14 per cent so far this year

The Independent UK

Larry Ellison briefly overtakes Elon Musk as world’s richest person

Oracle co-founder’s shares rose by 40% in early trading, briefly valuing his fortune at $393bn, just ahead of Musk’s $384bn

The Guardian - UK

Larry Ellison surpasses Elon Musk as world's richest person after Oracle's stock gives him a $101 billion net worth boost

Musk held the title of world’s richest person for 300 days.

Fortune

Oracle Stock Rockets On $455 Billion Revenue Pipeline: Here's What Wall Street Is Buzzing About

Oracle Corp. (NASDAQ:ORCL) rocketed higher on Wednesday after the company released its first-quarter earnings report Tuesday afternoon.

Benzinga

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Benzinga

Larry Ellison Targets 'Multi-Trillion-Dollar' AI Inference Market For Oracle: 'AI Will Change Everything'

Larry Ellison, the founder and chief technology officer of Oracle Corp. (NYSE:ORCL), expressed optimism regarding the future of AI and his company’s competitive positioning in the segment.

Benzinga

Oracle Stock Soars Despite Missing Q1 Estimates: Here's Why

Oracle Corp. (NYSE:ORCL) released its first-quarter results after Tuesday's closing bell. Here's a look at the details in the report.

Benzinga

Larry Ellison Called Cloud 'Complete Gibberish'—Now He's Building It For Elon Musk

In the early days of cloud computing, few critics were as dismissive as Oracle Corp. (NYSE:ORCL) co-founder and CEO, Larry Ellison, who dismissed the concept as "complete gibberish."

International Business Times

Paramount To Make Live-action 'Call Of Duty' Movie

Paramount, the Hollywood studio recently acquired by the software billionaire Ellison family, will make a movie based on the wildly popular "Call of Duty" video games, it announced Tuesday.

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GOBankingRates

Would You Buy This Billionaire’s $23 Million McLaren?

This McLaren comes with an interesting history and a well-known former owner.

Benzinga

Larry Ellison Mocked Cloud In 2009—Today Oracle's AI-Powered Cloud Surge Rockets Him To 2nd Richest With 42% Stock Jump This Year

Oracle Corp. (NYSE:ORCL) co-founder Larry Ellison famously dismissed cloud computing as “nonsense” in 2009, calling it merely “a computer attached to a network.”

Fortune

Billionaire Larry Ellison underwrote the richest recruiting flip in college football history

Bryce Underwood, 2025's top high-school football player, is now Michigan's starting quarterback. Oracle's co-founder helped make it happen.

MarketBeat

Is Paramount Skydance a Buy Post-Merger, Short Squeeze?

Paramount Skydance is the new kid on the stock market block, with an updated name, vision, and leader. Should investors to jump into shares?

The Independent UK

Trump says quiet part out loud on CBS’s new owner: ‘Great man’ who will ‘do the right thing’

‘CBS was just sold to a great person that I know very well,’ Donald Trump declared on Friday.

The Independent UK

House Democrats launch investigation into Paramount merger and ‘bribe’ to Trump

‘Two wrongs do not make a right—illegitimate demands from the FCC or the Administration do not absolve your company from wrongdoing,’ two top House Democrats wrote to Paramount chief David Ellison.

Barchart

Billionaire Philippe Laffont Is Betting Big on Oracle Stock. Should You?

Billionaire Philippe Laffont’s $843 million Oracle bet spotlights its AI cloud surge.

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