Oracle, TikTok and That $455 Billion Surprise

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Oracle’s stock surged after a landmark $300 billion deal with OpenAI, briefly making co-founder Larry Ellison the world’s richest person. Bloomberg Originals explains the legacy tech giant’s rise to AI infrastructure leader. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg's journalists around the world. https://www.bloomberg.com/account/newsletters/tech-in-depth?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article 00:00 Big Market Surge 01:06 Oracle’s Big Comeback 02:24 Company Origin Story 04:31 AI Strategy and Cloud Infrastructure Plan 05:38 Project Stargate 07:02 Trump Relationship and TikTok Deal 08:04 Financial Risks #Oracle #AI #Technology -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for just $1.99 your first month: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.