Latest Larry Ellison News

How China's DeepSeek shook up US markets, by the numbers
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence. A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction of the cost. DeepSeek had already hit the...

New bid for TikTok from Perplexity AI could give US government 50% stake
WASHINGTON (AP) — Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter. The proposal,...

Trump's Q&A on Air Force One goes from the plane's color scheme to the fate of TikTok and Canada
ABOARD AIR FORCE ONE (AP) — President Donald Trump hasn’t been shy about sharing his thoughts since taking office, and he added a 20-minute Q&A with reporters aboard Air Force One to the mix. He held forth on everything from the color of the presidential plane to the fate of TikTok,...

He's emboldened, he's organized and he's still Trump: Takeaways from the president's opening days
WASHINGTON (AP) — President Donald Trump’s first week in office isn't over yet, but already it offers signals about how his next four years in the White House may unfold. Some takeaways from the earliest days of his second term: He’s emboldened like never...
Data centers are booming in Texas. What does that mean for the grid?
The rise of artificial intelligence, the digitization of the economy and everyday life’s growing computing needs have turbocharged the expansion of data centers, driving up a surge in electricity demand in Texas and across the country. Texas’ main grid operator predicts power...

Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires that started on OpenAI's board and is now testing Musk's influence with the new president. ...

Trump highlights partnership investing $500 billion in AI
WASHINGTON (AP) — President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers...

MrBeast not quite in the bidding race for TikTok just yet, rep says
Jimmy Donaldson — better known online as MrBeast — isn't in the TikTok bidding race just yet, according to a representative for the YouTube star. Donaldson stirred interest in a Jan. 13 post on X saying he’d “buy TikTok so it doesn’t get banned.” The next day, Donaldson...

The Latest: Trump administration directs all federal DEI staff to be put on leave
Donald Trump began his presidency with a dizzying display of force, signing a blizzard of executive orders that signaled his desire to remake American institutions while also pardoning nearly all of his supporters who rioted at the U.S. Capitol on Jan. 6, 2021. Here's the latest: ...

Trump defends pardons for rioters and suggests Proud Boys could have place in politics
WASHINGTON (AP) — President Donald Trump on his first full day in office Tuesday defended his decision to grant clemency to people convicted of assaulting police officers during the 2021 attack on the Capitol and suggested there could be a place in American politics for the Proud Boys and Oath...
