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The Latest Breaking News from Oracle

Larry Ellison Couldn't Afford His Electric Bill Once Upon A Time — In 2025 He's Added Nearly $100 Billion To His Net Worth, Surpassing The Likes Of Jeff Bezos And Mark Zuckerberg

Larry Ellison, the billionaire co-founder of Oracle Corp. (NYSE:ORCL), has pulled off one of the most remarkable wealth surges in 2025—adding nearly $100 billion to his net worth in just seven months, despite a past that included struggling to pay his utility bills.

Benzinga

Bloom Energy Stock Jumps On Deal To Power Oracle's AI Data Centers

Shares of Bloom Energy Corp (NYSE:BE) are surging Thursday morning after the company announced a collaboration with Oracle Corp (NYSE:ORCL). Bloom will deploy its proprietary fuel cell technology to provide onsite power for select Oracle Cloud Infrastructure data centers across the U.S.

Benzinga

Why Options Traders Are Betting Big on Oracle Stock

Oracle stock's price performance has attracted a new wave of call option buyers betting on even higher prices in the coming months.

MarketBeat

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Breville's new espresso machine can brew coffee and steam milk at the same time – and it's eye-wateringly expensive

The Breville Oracle Dual Boiler is launching first in Australia, and is the company's priciest machine to date.

TechRadar

Elon Musk 6 Months Ago Said SoftBank Doesn't Have The Money To Power $500 Billion Stargate Project — Now OpenAI Says 5GW With Oracle Will 'Exceed' The 'Initial' Commitment Made With Trump

Oracle Corporation (NYSE:ORCL) has partnered with OpenAI to expand the Stargate data center capacity in the U.S. by 4.5 gigawatts. This strategic investment aims to bolster the U.S.’s AI leadership and foster industrial growth.

Benzinga

Stargate is back on - OpenAI and Oracle unveil massive data center expansion plans in major AI push

OpenAI confirms Project Stargate is still on, and its first site, Stargate I, is already partly operational in Abilene, Texas.

TechRadar

OpenAI Is Building a Massive New AI Data Center Across the U.S.

OpenAI has partnered with Oracle to develop 4.5 gigawatts of additional data center capacity in the United States under the Stargate initiative. This

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Larry Ellison Defended 'Friend' Elon Musk While Others Mocked Him —'You're Saying Elon's An Idiot. The Guy's Landing Rockets! And Who Are You?'

Larry Ellison, co-founder of Oracle, just became the second-richest person in the world with a net worth of $291 billion, pushing past Jeff Bezos and Mark Zuckerberg to sit just behind Elon Musk. But long before either of them topped the rich list, Ellison was one of the few who…

Benzinga

'It's a Massive Red Flag': Possible Reasons Why Blackstone Allegedly Walked Away From TikTok Deal

Blackstone's reported exit from the TikTok deal highlights major red flags—geopolitical risks, vetting hurdles, and shifting US-China dynamics.

International Business Times UK

OpenAI and Oracle ink deal to build massive Stargate data center, total project will power 2 million AI chips — Stargate partner SoftBank not involved in the project

OpenAI and Oracle plan to add 4.5 GW of U.S. data center power for the Stargate project, boosting total capacity past 5 GW to support millions of AI processors.

Tom’s Hardware

OpenAI's skyrocketing spending could see billions of dollars in silicon headed down the AI mines in the next few years, including 2 million Nvidia chips headed to Texas Stargate facility

That's a lot of graphics cards.

PC Gamer

Elon Musk Says 'They Simply Don't' Have The Funding, Doubts Stargate AI

On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), Arm Holdings (NASDAQ:ARM), Marvell Technology (NASDAQ:MRVL), and Qualcomm (NASDAQ:QCOM), traded lower.

Benzinga

Open AI's massive Project Stargate is already struggling, may be scaled back

OpenAI and SoftBank say Project Stargate is fine, but Oracle says it's not formed yet, alluding to potential delays.

TechRadar

Could Cisco Be The Next Oracle? Jim Cramer Says AI, Cybersecurity Make CSCO A Sleeper Stock Set For Big Revaluation

Renowned TV host Jim Cramer has suggested that Cisco Systems, Inc. (NASDAQ:CSCO) could be in for a significant revaluation, akin to that of Oracle Corp. (NYSE:ORCL).

Benzinga

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Tom’s Guide

Nothing Headphone (1) review: Bringing the weird

Nothing’s first foray into headphones is a deft blow to the bow of Sony and Bose’s mighty fleets – but not quite enough to sink anything just yet.

Benzinga

Oracle's Nvidia‑Backed AI Push Set To Upend The Cloud

In a significant industry shift, Oracle Corporation (NYSE:ORCL) is emerging as a formidable player in the AI infrastructure arena, challenging traditional perceptions of its market role. This transformation, highlighted by Scotiabank’s recent endorsement, suggests Oracle’s strategic pivot towards AI and cloud services could redefine its growth trajectory and market valuation.

Benzinga

Nvidia, John Kerry And Google's Jeff Dean Back Startup Promising The Ultimate Virtual Power Plant To Cut Grid Stress

Emerald AI, a new startup funded by Nvidia (NASDAQ:NVDA) and other famous names, announced July 1 that it has developed software that turns energy-intensive data centers into flexible tools for managing electricity demand.

Barchart

Oracle Just Hit a New 52-Week High. Should You Buy ORCL Stock Here?

Oracle just recorded a fresh high, buoyed by a price target boost. Is ORCL now a buy?

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Benzinga

Supermicro Launches New AI Servers With Intel Xeon 6 Chips

Super Micro Computer (NASDAQ:SMCI) announced on Wednesday that it has begun shipping advanced 4-socket servers to support large-scale database and enterprise applications.

TechRadar

OpenAI to move to Google Cloud infrastructure to boost ChatGPT computing power

As OpenAI's exclusive deal with Microsoft comes to an end, Google Cloud joins Oracle, CoreWeave and more to provide cloud infrastructure.

MarketBeat

This Fund Manager Says You Should Get Out of Tesla and Apple—Now

Tech-focused mutual fund manager Vimal Patel suggests rotating out of Tesla and Apple and into Broadcom and Oracle instead. Here's why.

TechRadar

Oracle Java users turning to open source after frequent audits and pricing hikes

Following four price changes between 2020 and 2023, Oracle customers aren't happy with Java pricing - and are seeking alternatives.

Fortune

Larry Ellison surpasses Mark Zuckerberg to become world's second-richest after Oracle doubles down on AI investment

Ellison also amended his Giving Pledge to focus resources on his Oxford-based institute tackling healthcare, hunger, and climate change.

Benzinga

Oracle's Java Pricing Sparks Mass Migration To Open Source Amid Audit, Licensing Woes

A survey has found that a significant majority of organizations using Oracle Corp.’s (NYSE:ORCL) Java have been audited in the past three years. This has led to a surge in the migration to open-source Java, with many users expressing dissatisfaction with Oracle’s pricing model.

Benzinga

Larry Ellison Surges Past Mark Zuckerberg To Become World's Second-Richest Person As Oracle's AI Deals With OpenAI, US Government Drive Massive Stock Surge

Larry Ellison, Oracle Corp.’s (NYSE:ORCL) co-founder and chairman, has once again overtaken Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg to become the world's second-richest person. This is despite them both having $251 billion net worth.

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