Oracle’s stock surged after a landmark $300 billion deal with OpenAI, briefly making co-founder Larry Ellison the world’s richest person. Bloomberg Originals explains the legacy tech giant’s rise to AI infrastructure leader.
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00:00 Big Market Surge
01:06 Oracle’s Big Comeback
02:24 Company Origin Story
04:31 AI Strategy and Cloud Infrastructure Plan
05:38 Project Stargate
07:02 Trump Relationship and TikTok Deal
08:04 Financial Risks
Credit to : Bloomberg Originals