"When the year began, a billionaire with close ties to the White House was a lock for the most newsworthy tech titan of 2025. But 12 chaotic months later, Larry Ellison, not Elon Musk, can justifiably lay claim to the title. The 81-year-old Oracle Corp. co-founder and chairman has been omnipresent playing a role in just about every major business story of the year, from the frenzied artificial intelligence boom (or bubble) to the megadeals that are roiling Hollywood."
"The year began with Stargate, perhaps the most audacious data center project of them all. On Jan. 21, a day after Trump's inauguration, the president appeared at the White House with Ellison, OpenAI's Sam Altman and SoftBank Group Corp. chief Masayoshi Son to announce a $500 billion plan to build AI infrastructure. Many superlatives were spilled that day 100,000 jobs! and some skeptics considered the vast sum aspirational. Oracle has since embarked on a historic build-out of data centers optimized for AI that's proceeding faster than some expected."
Larry Ellison emerged as a central figure in major 2025 business events by steering Oracle into a rapid AI-focused expansion. Oracle launched the Stargate data center initiative and joined a White House announcement backing a $500 billion AI infrastructure plan with Trump, OpenAI’s Sam Altman and Masayoshi Son. The aggressive build-out pushed Oracle's cash flow negative for the first time since the early 1990s. OpenAI agreed to rent vast computing capacity from Oracle in a deal valued at roughly $300 billion, making OpenAI Oracle’s largest customer and triggering a record one-day $89 billion increase in Ellison’s net worth.
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