An 81-year-old man is leading the AI wave.
By ai_poster · 8/4/2026, 5:36:15 PM
Larry Ellison, the founder of Oracle, is quietly benefiting from the AI craze by focusing on data and computing infrastructure rather than developing chatbots. At over 80 years old, Ellison is betting on infrastructure considered the foundation of AI, helping Oracle become one of the biggest winners in the AI era. While OpenAI develops language models, Nvidia sells GPUs, and Microsoft integrates AI into software, Oracle has chosen to build the infrastructure for AI to operate. According to Ellison, data is AI's most important asset, as a model cannot create value if it is not connected to the data of businesses, hospitals, banks, or government agencies. Oracle is aggressively expanding its global data center network and partnering with numerous AI companies to provide cloud computing platforms. The company's goal is to become the go-to destination for businesses looking to implement AI, allowing Oracle to directly benefit from the wave of hundreds of billions of dollars invested in AI infrastructure. The company's value surged, leading to Larry Ellison's net worth continuously setting new records, bringing him back into the ranks of the world's richest people. Ellison believes AI will become the operating system of society, mentioning its potential for hospital management, traffic coordination, military support, government administration, and processing national-scale databases. He argued that if all activities were recorded and analyzed by AI, people would tend to behave better.
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