Episode 1798 • • 1:32:04 - 1:37:10
1798: Adam & The Robot
Oracle Stock Surge and Larry Ellison's Net Worth
Oracle shares surged nearly 36% following a bullish revenue forecast, briefly making founder Larry Ellison the world's richest person. The growth is attributed to massive cloud infrastructure contracts, including a deal with OpenAI to develop 4 gigawatts of data center capacity. The hosts compare Ellison's long-standing rivalry with Bill Gates and question the long-term profitability of the AI boom.