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Ellison's AI Ambition: Oracle's Bold Bid for AI Dominance

Larry Ellison, the founder of Oracle, launched Project Stargate in collaboration with the Trump administration and OpenAI. This initiative aims to invest $500 billion over four years to build massive data centers providing 10 gigawatts of computing power, marking a significant step in transforming Oracle into an AI powerhouse. The project, announced in 2025, positions Ellison as a key player in the AI race, despite previous disagreements with the Biden administration's regulatory approach to AI development.