Industry
Inside Larry Ellison's debt-fueled push to turn Oracle into an AI juggernaut by aligning with Trump, backing Project Stargate, and partnering with OpenAI (New York Times)
New York Times: Inside Larry Ellison's debt-fueled push to turn Oracle into an AI juggernaut by aligning with Trump, backing Project Stargate, and partnering with OpenAI — the first full day of the se
New York Times: Inside Larry Ellison's debt-fueled push to turn Oracle into an AI juggernaut by aligning with Trump, backing Project Stargate, and partnering with OpenAI — the first full day of the second Trump administration — Larry Ellison woke up in his 33-bedroom, 34-bathroom oceanfront mansion in Florida …
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- Sources: OpenAI acquired Weights.gg, which offered AI tools to create clones of people's voices, earlier this year; PitchBook: Weights.gg had raised roughly $4M (Mike Isaac/New York Times)
- An interview with Sam Altman on OpenAI's massive Stargate data center project in Saline, Michigan, coding models being the biggest driver of AI demand, and more (CNBC)
- Sources: some lenders are exploring private deals to sell their data center debt, and some banks are seeking to offload their Oracle-linked loans at a discount (Financial Times)
Source: Techmeme | 2026-08-01