{"id":960874,"date":"2025-09-11T11:40:04","date_gmt":"2025-09-11T06:10:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=960874"},"modified":"2025-09-11T11:40:04","modified_gmt":"2025-09-11T06:10:04","slug":"from-building-database-for-cia-to-becoming-ai-industrys-backbone-oracles-businesses-decoded-as-founder-larry-ellison-adds-100-billion-to-net-worth-in-one-single-day","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/11\/from-building-database-for-cia-to-becoming-ai-industrys-backbone-oracles-businesses-decoded-as-founder-larry-ellison-adds-100-billion-to-net-worth-in-one-single-day\/","title":{"rendered":"From building database for CIA to becoming AI industry&#8217;s backbone; Oracle&#8217;s businesses &#8216;decoded&#8217; as founder Larry Ellison adds $100 billion to net worth in one single day"},"content":{"rendered":"<p>Oracle stock roared 40% higher on Wednesday, September 10, after reporting smashing cloud demand numbers, setting the company on track for a historic gain. The cloud computing giant is on pace for its best day since the year 1992, and is now quickly approaching the $1 trillion market cap benchmark. Oracle is now at $950 billion. In the past year, Oracle has emerged as one of the biggest benefactors of the artificial intelligence boom thanks to its cloud infrastructure business and its access to Nvidia\u2019s graphics processing units, or GPUs, which are both needed to run large workloads.<\/p>\n<p>Oracle&#8217;s business model, historically centered on enterprise database software and licenses, has undergone a dramatic transformation, with a strategic pivot to cloud computing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle stock roared 40% higher on Wednesday, September 10, after reporting smashing cloud demand numbers, setting the company on track for a historic gain. The cloud computing giant is on pace for its best day since the year 1992, and is now quickly approaching the $1 trillion market cap benchmark. Oracle is now at $950 billion. In the past year, Oracle has emerged as one of the biggest benefactors of the artificial intelligence boom thanks to its cloud infrastructure business and its access to Nvidia\u2019s graphics processing units, or GPUs, which are both needed to run large workloads. Oracle&#8217;s business [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-960874","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/960874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=960874"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/960874\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=960874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=960874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=960874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}