Larry Ellison Bet It All on the A.I. Boom. Will He Be the Face of the A.I. Bubble?
NYT > Business·July 31, 2026
Larry Ellison, the 81-year-old billionaire, is undertaking a high-risk, debt-fueled effort to transform his data company into a leading artificial intelligence entity. Ellison's strategy involves significant investments in AI technology, aiming to capitalize on the growing demand for AI solutions. His approach has drawn comparisons to the dot-com bubble, raising concerns that he may become the face of a potential AI bubble. Ellison's gamble could either propel his company to new heights or lead to a significant financial downfall.
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