Larry Ellison's empire secured a massive AI data center contract for Oracle, funded Donald Trump's election bid, and acquired CNN.
1 report, 1 independent
Updated Jun 24
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What happened
Larry Ellison's empire secured a massive AI data center contract for Oracle, funded Donald Trump's election bid, and acquired CNN.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Larry Ellison
American internet entrepreneur and businessman (born 1944)
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CNN
American news channel
Related events
- David Ellison, who controls Warner Bros., is tied to Oracle founder Larry Ellison, who has strong connections to Donald Trump.
- Larry Ellison holds about 40% of Oracle equity as the company competes in the AI infrastructure race alongside OpenAI and Nvidia.
- A proposed $111bn media merger involving Paramount and CNN is underway, with Oracle and Larry Ellison involved.
- Oracle expanded its cloud infrastructure for partners while Larry Ellison served as Executive Chairman.
- Oracle built a flagship campus in Abilene after contracting with OpenAI, with support from Larry Ellison.