US President Donald Trump is thrilled. His longtime friend and Oracle CEO Larry Ellison is now at the centre of America’s AI revolution. During the announcement of The Stargate Project, a $500 billion initiative to supercharge AI infrastructure, Trump declared Ellison the “CEO of everything”.
And honestly? He’s not wrong.
Oracle is now building massive AI data centres across the US, teaming up with OpenAI, NVIDIA, and SoftBank to cement American dominance in AI. The first mega-complex in Texas is already underway, and there are plans to scale up quickly. Investors are overjoyed. Oracle’s stock jumped 13%, and Ellison’s fortune got a hefty boost.
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