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The Latest Breaking News from Larry Ellison

Elon Musk fumes as Trump's Stargate AI announcement elevates arch-rival Sam Altman

The Stargate project has big implications for U.S. AI leadership, but also for who's winning the new president's ear.

Fortune

Trump Announces 0 Billion AI Infrastructure Investment Partnership

President Trump's 0 billion AI infrastructure project, Stargate, aims to revolutionize AI technology with key partners Oracle and SoftBank.

Top News

What is the Stargate Project? Trump announces $500 billion AI venture

Led by OpenAI, Oracle, and SoftBank, the monumental venture brings together some of the biggest tech players to build the infrastructure needed to supercharge AI

Evening Standard

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YouTube star MrBeast joins bid to buy TikTok in US

Creator links up with Jesse Tinsley as Donald Trump says he is open to Elon Musk and Larry Ellison buying site

The Guardian - UK

Trump Backs Musk Or Larry Ellison For TikTok Buyout, Predicts $1 Trillion Windfall

"I have met with owners of TikTok, the big owners," Trump stated. "What I'm thinking about saying to somebody is, buy it and give half to the United States of America," Trump said. "And we'll give you the permit.'"

International Business Times

Donald Trump tries to negotiate sale of TikTok during televised press conference

The US president tried to negotiate the sale of the Chinese-owned video app with American businessman Larry Ellison during a press briefing

Evening Standard

Trump says he’s open to Elon Musk buying TikTok ‘if he wants to’

Chinese officials want acquisitions to be decided by companies ‘in accordance with market principles’

The Independent UK

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'Stargate' is now a real thing, but sadly not a portal to an alien planet: A bunch of tech companies plan to spend $500 billion building AI data centers

President Trump announced the project (which was already underway) with his new tech industry pals, promising "colossal data centers."

PC Gamer

Sam Altman, Larry Ellison, and Masayoshi Son join Trump to announce massive $500 billion Stargate project with the SoftBank CEO as chairman

OpenAI, Oracle, SoftBank, and MGX are the lead partners in Stargate, according to OpenAI.

Fortune

The American ‘oligarchy’ Biden denounced as a threat to democracy gained $1.5 trillion in net worth during his term

Elon Musk’s wealth multiplied by about 4.5 during the past four years.

Fortune

When 2025 arrives, so will the end of the amateur athlete in college sports

It is just about time to say goodbye, once and for all, to the amateur athlete in college sports

The Independent UK

Billionaires bought big in 2024

The wealth of the world's richest jumped to $14 trillion over the past year. Here's what they splurged on

Salon

Paramount-Skydance merger faces a new challenge over concerns about a China-based investor

Proposed Hollywood studio merger between Paramount and Skydance Media has received a new challenge this week.

Fortune

The Biggest Yachts Owned By Tech Billionaires

The exclusive world of superyachts has seen an influx of tech billionaires joining the ranks of owners in recent years. With their vast fortunes, figures like Jeff Bezos, Larry Ellison and Mark Zuckerberg have been able to commission some of the largest and most advanced yachts afloat. Here's a look…

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Fortune

From Jensen Huang to Elon Musk: The biggest wealth gainers of 2024 have added $585 billion to their fortunes

Elon Musk led the way, with the world's richest man adding $119 billion to his fortune.

Benzinga

Billionaire Larry Ellison's Role In Landing Top Recruit Bryce Underwood At Michigan

Billionaire Larry Ellison is linked to helping fund the NIL deal that led to Bryce Underwood flipping his recruitment from LSU to the University of Michigan.

Sports Illustrated

Tom Brady Made Impact in Top Quarterback Bryce Underwood's Michigan Decision

The former Wolverines standout was reportedly involved in the No. 1 recruit's recent commitment.

Top News

Top 10 Richest People See Record Wealth Increase

Top billionaires, including Elon Musk and Jeff Bezos, saw significant wealth gains post-election.

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news in one place.

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The Guardian - UK

Trump’s victory adds record $64bn to wealth of richest top 10

Share surge increases Elon Musk’s fortune by $26bn in a day as Jeff Bezos, Sergey Brin and Bill Gates also benefit

International Business Times

Shari Redstone To Leave Paramount Board Post Skydance Merger: Report

Both Redstone and her son, Tyler Korff, have the option to join the board of the new company but have no plans to do so, according to a report.

International Business Times

Jeff Bezos Jumps Past Larry Ellison For Second Place Among World's Richest: Forbes

Bezos' wealth shot up $12.2 billion on Friday thanks to Amazon beating third-quarter expectations

Fortune

America’s 10 richest men can’t agree who should be the next president

Some have thrown money and support behind the candidates, while others have stayed quiet.

Fortune

Billionaire investor is licking his wounds after selling Nvidia

Stanley Druckenmiller said he made a mistake selling the AI stock. Big. Huge.

International Business Times

Paramount Co-CEOs To Receive Bonus Payouts Even If They No Longer Lead Company

An SEC filing revealed that the three co-CEOs -- Chris McCarthy, George Cheeks, and Brian Robbins -- will be able to resign and receive severance payments if their new responsibilities are "substantially inconsistent" with their roles as co-CEO's or if there is a material reduction in the positions or duties.

PC Gamer

New report sheds light on Annapurna Interactive implosion while the parent company says it's 'focused on moving forward,' hiring to fill the vacancies, and still working on the Blade Runner game whose devs just walked out the door

"The whole situation is a baffler."

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