#ellison-ownership
#ellison-ownership
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#oracle #ai #ai-infrastructure #apple #cloud-computing #investment #warren-buffett #larry-ellison #oracle-earnings
#apple
Venture
fromwww.businessinsider.com
3 days agoLegendary VC firm Sequoia just released the memo for its Apple bet in 1977 and it shows how far the iPhone maker has come
Sequoia Capital's Don Valentine invested in Apple in 1977, highlighting its growth from a small hobby computer company to a tech giant.
#silicon-valley
Silicon Valley
fromFortune
2 days agoI helped build Uber and Discord and now my tools help fuel billion-dollar unicorns. But Silicon Valley is losing the AI race to itself | Fortune
Silicon Valley is falling behind in innovation due to slow adaptation to social demands and a focus on preserving existing business models.
Online Community Development
fromInfoWorld
3 weeks agoOracle rejects request it give up control of MySQL
Oracle refused to restructure MySQL Community Edition governance despite requests from database companies and 544 users, though it promised increased transparency and feature parity with commercial versions.
fromSan Jose Spotlight
5 days agoSilicon Valley's tech world takes center stage in state politics - San Jose Spotlight
In the 17th Congressional District, incumbent Rep. Ro Khanna is facing a challenge from tech founder Ethan Agarwal, a fellow Democrat. Agarwal is an opponent of the ballot initiative to levy a one-time, 5% wealth tax on Californians with more than $1 billion in assets.
Silicon Valley
Artificial intelligence
fromBusiness Insider
3 weeks agoOracle's Larry Ellison downplays software apocalypse fears: 'We think the SaaSpocalypse applies to others, but not to us'
Oracle executives assert that AI will disrupt competitors but not Oracle, as they rapidly integrate AI coding tools and agents into comprehensive software ecosystems.
Business
fromFortune
6 days agoEven billionaires aren't safe: This year's market slump has wiped $75 billion from the wealth of Jeff Bezos and Mark Zuckerberg | Fortune
The world's wealthiest have lost over $255 billion this year, with market declines affecting even the richest individuals significantly.
#oracle-earnings
Tech industry
from24/7 Wall St.
3 weeks agoOracle Stock Surges 9% Post-Earnings: Cloud Revenue Jumps 44%, Infrastructure Up 84%
Oracle's fiscal Q3 2026 results drove a 9% stock surge, with cloud revenue up 44% and cloud infrastructure revenue exploding 84%, primarily driven by AI demand that exceeds supply.
Tech industry
fromBusiness Insider
3 weeks agoOracle to investors: Don't worry about data center spending, company is 'very, very good' at cost-cutting
Oracle forecasts $50 billion in capital expenditures for fiscal 2026, prioritizing cost reduction and accelerated construction timelines to maximize profitability from its AI data center expansion.
from24/7 Wall St.
3 weeks agoJim Cramer: Oracle Is the King of Data Centers and Fastest Growing
Our Multicloud database business is our fastest growing business - up 817% in Q2. Oracle is building 72 multicloud datacenters embedded within Amazon, Google, and Microsoft clouds, and has over 211 live and planned cloud regions worldwide, more than any competitor. That's the "chip neutrality" strategy in action: Oracle runs wherever the customer wants to run, which is why hyperscalers are signing contracts, not competing with them.
Business
Business
from24/7 Wall St.
3 weeks agoCNBC: "Oracle may be the canary in the coal mine." For AI Deals | ORCL Stock
Oracle's massive AI infrastructure backlog ($523 billion RPO) masks deteriorating current financials: negative free cash flow, surging capex, and missed revenue targets reveal the J-curve risk of infrastructure investment outpacing near-term economics.
fromFortune
1 month agoTime on his side: Michael Dell the real business icon as Icahn the activist recedes from view | Fortune
On one side stood Dell, fighting to take his eponymous company private and rebuild it away from the merciless glare of quarterly earnings calls. On the other stood famed activist raider Carl Icahn, who aggressively peddled a proposal amounting to purely destructive financial engineering at the cost of the company - a scheme involving stock buybacks, warrants for future shares, and ruthless plans to carve up Dell's creation for quick, extractive cash.
Business
fromBusiness Insider
2 months agoSam Altman, Jensen Huang, and Oracle want you to know they're definitely not fighting
The pushback came after reports on a deal Nvidia disclosed in September, when it said it planned to invest up to $100 billion in OpenAI. "We love working with NVIDIA and they make the best AI chips in the world," wrote Altman in a post on X on Tuesday. "We hope to be a gigantic customer for a very long time. I don't get where all this insanity is coming from," he added.
Artificial intelligence
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