Oracle has embarked on a historic build-out of data centers optimized for AI that’s proceeding faster than some expected.

Paramount Skydance, seeking to reassure Warner Bros. Discovery shareholders that its hostile takeover bid is solid, said that Larry Ellison has made an “irrevocable personal guarantee of $40.4 billion ...

Ty Roush is a breaking news reporter based in New York City. Larry Ellison became the third-richest person in the world again on Friday, passing Amazon’s Jeff Bezos, as Oracle’s shares rose after ...

Warner Bros. Discovery (WBD) wants Oracle founder and billionaire Larry Ellison to give a strong personal guarantee in signing that he is fully committed to the $77.9B bid, excluding debt, made for ...

This is read by an automated voice. Please report any issues or inconsistencies here. Warner Bros. Discovery accuses Paramount of failing to commit real money behind its $78-billion bid despite claims ...

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford and Drake Bennett report on Larry Ellison’s bet to return ...

Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...

Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...

Oracle founder Larry Ellison, 81, lost $25 billion of his net worth on Thursday. The plunge followed Oracle’s latest earnings report, which showed strong year-over-year growth but still fell short of ...

The Oracle co-founder has pledged billions to finance Paramount’s takeover bid for Warner Bros. Discovery — which has questions about his commitment. By Andrew Ross Sorkin Bernhard Warner Sarah ...

Mr. Zeitchik is the senior editor of technology and politics at The Hollywood Reporter and founding editor of the A.I.-themed newsletter Mind and Iron. David Ellison boasts a cozy relationship with ...