Oracle Drops Tencent's $7 Billion Chip Lease
Oracle canceled a $7 billion deal to lease Tencent up to 100,000 AI chips after US officials objected, despite Larry Ellison's close ties to Trump.
Read the storyCo-founder, executive chairman & CTO, Oracle
Larry Ellison is Oracle’s co-founder, executive chairman and chief technology officer. He founded the business with Bob Miner and Ed Oates in 1977 and served as its chief executive until September 2014. His career spans relational database software, enterprise applications and cloud infrastructure. Oracle’s expansion during his leadership included PeopleSoft and Sun Microsystems, followed by developments in autonomous databases and AI-enabled data management.
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Larry Ellison is Oracle’s co-founder, executive chairman and chief technology officer. He founded the business with Bob Miner and Ed Oates in 1977 and served as its chief executive until September 2014. His career spans relational database software, enterprise applications and cloud infrastructure. Oracle’s expansion during his leadership included PeopleSoft and Sun Microsystems, followed by developments in autonomous databases and AI-enabled data management.
Sources checked . Selected career background and milestones.
Selected research, leadership and career milestones, newest first.
Oracle’s Database 23ai introduces AI Vector Search and other features, adding AI-oriented capabilities to the database product during Ellison’s tenure as chief technology officer.
Source: Oracle ↗Ellison ends his tenure as Oracle chief executive in September 2014. He continues serving the company as executive chairman and chief technology officer.
Source: Oracle ↗Oracle completes its acquisition of Sun Microsystems, expanding into integrated hardware and software systems and taking stewardship of Java during Ellison’s tenure as CEO.
Source: Oracle ↗Oracle acquires PeopleSoft, expanding its business in human resources and enterprise resource planning applications while Ellison remains the company’s chief executive officer.
Source: Oracle ↗Oracle becomes a publicly traded company on the Nasdaq exchange under the ticker ORCL, adding a capital-markets milestone to Ellison’s tenure leading the database business.
Source: Oracle ↗Oracle introduces Version 2 of its database management system in 1979, an early commercial relational database product in the development of modern data management.
Source: Oracle ↗Ellison, Bob Miner and Ed Oates establish Software Development Laboratories in Santa Clara, California, beginning the business that would later become Oracle Corporation.
Source: Oracle ↗Briefs, articles and relevant sections, newest first. Explore older coverage below.
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Oracle canceled a $7 billion deal to lease Tencent up to 100,000 AI chips after US officials objected, despite Larry Ellison's close ties to Trump.
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