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Oracle’s legacy software funds massive data-center buildout
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Oracle’s legacy software funds massive data-center buildout
Nearly 50 years after Larry Ellison’s startup won a CIA job to build a database code-named Oracle, the company has a new break. Its cloud arm is supplying scarce computing power for artificial-intelligence projects, helped by a close partnership with OpenAI that reportedly includes a $300 billion, five-year commitment for data-center capacity. Shares have surged more than 80% this year, briefly making Ellison the world’s richest person. The shif…
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