Larry Ellison

• Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI buildout - Investors want to know if Oracle, under new CEOs Clay Magouyrk and Mike Sicilia, can pay for and deliver data centers packed with Nvidia chips for OpenAI.
• Larry Ellison Agrees to Personally Guarantee Paramount Bid for Warner Bros. in Revised Offer - The company also agreed to raise its termination fee $5.8 billion to match Netflix, and extended the end date for the offer to Jan. 21.
• Paramount guarantees Larry Ellison backing in amended WBD bid - Paramount notably did not increase its bid on Monday, reiterating that it believes the deal is superior to Netflix's.
• Larry Ellison just lost $25 billion of his net worth in one day - Larry Ellison saw his wealth plunge after Oracle's earnings miss spooked investors and raised fresh questions about the company's massive AI spending.
• Altman and Musk launched OpenAI as a nonprofit 10 years ago. Now they’re rivals in a trillion-dollar market - As OpenAI turns 10, the former nonprofit AI lab is at the center of a roughly $1.4 trillion bet on AI infrastructure.
• Oracle's stock slides 7% on revenue miss even as AI backlog soars - Oracle flagged new business from Meta and Nvidia in reporting a 438% increase in remaining performance obligations.
• Netflix-Warner Bros. Discovery: EU Antitrust Experts Say $83B Deal Unlikely To Be Blocked — But Conditions May Be Imposed On Merger - Netflix’s blockbuster deal to acquire Warner Bros. Discovery (WBD) is unlikely to be blocked by regulators in the European Union, according to antitrust experts. Netflix’s proposed $83B takeover of WBD’s movie and TV studios and HBO Max was
• Larry Ellison: One of world's richest, and the Lion Country connection - Oracle's co-founder Larry Ellison is one of the world's richest people. Now his family is connected to Lion Country Safari in Palm Beach County.