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From: "The Verge" <vergedaily@...
To: [email protected]
Date: Thu, 30 Apr 2026 11:03:02 GMT
Subject: ▽ Larry Ellison’s betting everything on OpenAI

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</style><!--[if mso ]><style>sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% }</style> <![endif]--></head><body class="body" style="margin:0;padding:0;-webkit-text-size-adjust:none;text-size-adjust:none;background-color:#fff"><div class="sailthru-emco-preheader" style="display: none; max-height: 0px; overflow: hidden;">Oracle’s betting everything on OpenAI. Will it pay off or pop the bubble?</div><div style="display:none"><a href="https://sailthru.com"><img src="https://link.theverge.com/img/6927830d52f971372306c18er2as5.ly5/b1f4d11e.gif" alt="" border="0" /></a></div><table class="nl-container" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff"><tbody><tr><td><table class="row row-1" align="center" 
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src="https://media.sailthru.com/composer/images/bazh/hl2fkmfb/23y/368/b42/The%20Verge%20Daily%20Newsletter%20Header.png" style="display:block;height:auto;border:0;width:100%" width="480" alt="" title="" height="auto"></div></td></tr></table><table class="paragraph_block block-2" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad" style="padding-left:10px;padding-right:10px"><div 
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<p style="margin:0">OpenAI may be the buzzy face of the AI revolution, constantly releasing advanced new models and fending off complex lawsuits, but it's only where it is today thanks to a huge bet from Larry Ellison and Oracle. Ellison bet the business — or about $300 billion of it — on supplying data centers to OpenAI, and in the process became Wall Street's bellwether for the AI industry at large. But a look at Oracle's history suggests that big bet might not pay off.</p></div></td></tr>
</table><table class="divider_block block-2" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="padding-top:20px;padding-bottom:20px;padding-left:10px;padding-right:10px" align="center"><table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" 
style="font-size:1px;line-height:1px;border-top:1px solid #e9e9e9"><span style="word-break: break-word;">&#8202;</span></td></tr></table></td></tr></table></td></tr></tbody></table></td></tr></tbody></table><table class="row row-4" align="center" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tbody><tr><td><table class="row-content stack" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" 
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width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="width:100%;padding-left:10px;padding-right:10px" align="center"><h1 style="margin:0;color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px">
<strong><a href="https://link.theverge.com/click/45456917.28445/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL2FpLWFydGlmaWNpYWwtaW50ZWxsaWdlbmNlLzkyMDM3OC9vcmFjbGUtb3BlbmFpLWRhdGFjZW50ZXItYnVpbGRvdXQ_dWVpZD1iYzYyMDcyYzc5YWM3YmU5OTA0MjBlMzMzNWQwYzk1MiZieGlkPTY5Mjc4MzBkNTJmOTcxMzcyMzA2YzE4ZQ/6927830d52f971372306c18eC2028e9d9" target="_blank" style="text-decoration: none; color: #000000;" rel="noopener">Larry’s risky business</a></strong></h1></td></tr></table><table class="paragraph_block block-3" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div 
style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:14px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:left;mso-line-height-alt:17px"><p style="margin:0">By <a href="https://link.theverge.com/click/45456917.28445/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL2FpLWFydGlmaWNpYWwtaW50ZWxsaWdlbmNlLzkyMDM3OC9vcmFjbGUtb3BlbmFpLWRhdGFjZW50ZXItYnVpbGRvdXQ_dWVpZD1iYzYyMDcyYzc5YWM3YmU5OTA0MjBlMzMzNWQwYzk1MiZieGlkPTY5Mjc4MzBkNTJmOTcxMzcyMzA2YzE4ZQ/6927830d52f971372306c18eD2028e9d9" target="_blank" style="text-decoration: none; color: #000000;" rel="noopener">Elizabeth Lopatto</a></p></div></td></tr></table><table class="paragraph_block block-4" width="100%" border="0" cellpadding="10" 
cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:26px"><p style="margin:0">If you want to know whether the AI bubble is bursting, there’s only one publicly traded company that will tell you: Oracle.<br><br>
That’s right, the database company. Oracle has burned its boats and pivoted to AI, but not in any kind of usual way. It is not a foundation model builder like OpenAI or Anthropic, obviously. It’s not quite a neocloud, though it has entered the same bare-metal business as CoreWeave. It is a software-as-a-service company that has made an audacious bet on a very specific future version of AI as Oracle’s traditional business has gracefully declined. It is significantly older than any of its AI competitors, save Microsoft, and it has decided its future involves an enormous compute deal with OpenAI, a company that does not make money.
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<strong><a href="https://link.theverge.com/click/45456917.28445/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL2dhZGdldHMvOTE5NDYwL21vdG9yb2xhLXJhenItMjAyNi1wcmljZS1hdmFpbGFiaWxpdHk_dWVpZD1iYzYyMDcyYzc5YWM3YmU5OTA0MjBlMzMzNWQwYzk1MiZieGlkPTY5Mjc4MzBkNTJmOTcxMzcyMzA2YzE4ZQ/6927830d52f971372306c18eC0fbf60bd" target="_blank" style="text-decoration: none; color: #000000;" rel="noopener">Motorola just revealed the Razr Fold’s price and hoo boy</a></strong></h1></td></tr></table><table class="paragraph_block block-3" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div 
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2026 is shaping up to be a tough year to launch a high-end phone. The memory crisis has phone prices rising across the board, so an already expensive phone risks becoming a much too expensive phone. That might be what happened to the Razr Fold, which will cost $1,900 when it goes on sale in the US on May 14th. That doesn’t include the Moto Pen Ultra stylus, which costs an additional $100.</p></div></td></tr></table><table class="button_block block-5" width="100%" border="0" cellpadding="10" 
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<span style="word-break: break-word;">&#8202;</span></td></tr></table></td></tr></table><table class="heading_block block-2" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="width:100%;padding-bottom:10px;padding-left:10px;padding-right:10px" align="center"><h1 
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cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad"><div style="font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;text-align:center" align="center"><div class="quote" style="background:#f8f5ff;padding:15px 20px 0px;margin: 0 10px 0;color:#353535;font-size:16px;line-height:1.5;text-align:left;font-weight:700;">
ayamaya<span>:</span>
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“To paraphrase John Mulaney: For years scientists have wondered 'Can Sam Altman actually appear sympathetic and likeable to the average person?' And the answer is yes, as long as he is preceded by 5 hours of Elon Musk talking.”
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style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:15px;font-weight:400;letter-spacing:0;line-height:1.2;text-align:left;mso-line-height-alt:18px"><p style="margin:0">➝ <a href="https://link.theverge.com/click/45456917.28445/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL3RlY2gvOTIxMDIyL2Vsb24tbXVzay1jcm9zcy1vcGVuYWktYWx0bWFuP3VlaWQ9YmM2MjA3MmM3OWFjN2JlOTkwNDIwZTMzMzVkMGM5NTImYnhpZD02OTI3ODMwZDUyZjk3MTM3MjMwNmMxOGUjY29tbWVudHM/6927830d52f971372306c18eBf8502df2" target="_self" style="text-decoration: underline; color: #5200ff;">Elon Musk’s worst enemy in court is Elon Musk</a></p></div></td></tr></table></td></tr></table></td></tr></tbody></table></td></tr></tbody></table><table 
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style="margin:0;color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:26px;font-weight:700;letter-spacing:normal;line-height:1.2;text-align:left;margin-top:0;margin-bottom:0;mso-line-height-alt:31px"><strong><a href="https://link.theverge.com/click/45456917.28445/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL3RlY2gvOTIxMDIyL2Vsb24tbXVzay1jcm9zcy1vcGVuYWktYWx0bWFuP3VlaWQ9YmM2MjA3MmM3OWFjN2JlOTkwNDIwZTMzMzVkMGM5NTImYnhpZD02OTI3ODMwZDUyZjk3MTM3MjMwNmMxOGU/6927830d52f971372306c18eCc588bb34" target="_blank" style="text-decoration: none; color: #000000;" rel="noopener">Elon Musk’s worst enemy in court is Elon Musk</a></strong></h1></td></tr></table><table class="paragraph_block block-3" 
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By <a href="https://link.theverge.com/click/45456917.28445/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL3RlY2gvOTIxMDIyL2Vsb24tbXVzay1jcm9zcy1vcGVuYWktYWx0bWFuP3VlaWQ9YmM2MjA3MmM3OWFjN2JlOTkwNDIwZTMzMzVkMGM5NTImYnhpZD02OTI3ODMwZDUyZjk3MTM3MjMwNmMxOGU/6927830d52f971372306c18eDc588bb34" target="_blank" style="text-decoration: none; color: #000000;" rel="noopener">Elizabeth Lopatto</a></p></div></td></tr></table><table class="paragraph_block block-4" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div 
style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:26px"><p style="margin:0">About five hours into Elon Musk’s testimony, I typed the following sentence into my notes: “I have never been more sympathetic to Sam Altman in my life.”<br><br>
Musk’s direct testimony was an improvement over yesterday — even if his lawyer kept asking leading questions to cue him in how to answer. But that memory was immediately obliterated by an absolutely miserable cross-examination. For hours, Musk refused to answer yes or no questions with yes or no, occasionally “forgot” things he’d testified to in the morning, and scolded defense lawyer William Savitt. I watched a few jury members glance at each other. During one testy exchange, one woman was rubbing her head. Me too, babe.
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<strong><a href="https://link.theverge.com/click/45456917.28445/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL3RyYW5zcG9ydGF0aW9uLzkxOTUzMi9qb2J5LWF2aWF0aW9uLWVsZWN0cmljLWFpci10YXhpLWpmay1tYW5oYXR0YW4tZmFhP3VlaWQ9YmM2MjA3MmM3OWFjN2JlOTkwNDIwZTMzMzVkMGM5NTImYnhpZD02OTI3ODMwZDUyZjk3MTM3MjMwNmMxOGU/6927830d52f971372306c18eC06d61a69" target="_blank" style="text-decoration: none; color: #000000;" rel="noopener">Electric air taxis are finally taking flight — just not with passengers</a></strong></h1></td></tr></table><table class="paragraph_block block-3" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div 
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cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="color:#000;direction:ltr;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:17px;font-weight:400;letter-spacing:0;line-height:1.5;text-align:left;mso-line-height-alt:26px"><p style="margin:0">It was the perfect day for an electric air taxi demonstration — albeit one without passengers.<br><br>
On Monday, an electric aircraft from Joby Aviation took off from JFK Airport for a flight demonstrating the company’s future air taxi route to Manhattan.&nbsp;<br><br>
You could tell it was a momentous occasion based on the number of references the assembled officials made to the 60-year-old animated television show <em>The Jetsons</em>. (I counted at least three.) But the demonstration was also an indication of the long road ahead before these electric air taxis start carrying passengers as part of a commercial ridehail service.</p></div></td></tr></table><table class="button_block block-5" width="100%" border="0" cellpadding="10" cellspacing="0" 
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<span class="tinyMce-placeholder" style="word-break: break-word; color: #000000;"><span style="word-break: break-word; color: #5200ff;">/</span> <strong>More gadgets </strong><strong>📲</strong></span></h1></td></tr></table><table class="list_block block-3" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" 
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<span class="tinyMce-placeholder" style="word-break: break-word; color: #000000;"><span style="word-break: break-word; color: #5200ff;">/</span> <strong>More news </strong><strong>📰</strong></span></h1></td></tr></table><table class="list_block block-2" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" 
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<a href="https://link.theverge.com/click/45456917.28445/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL3RlY2gvOTIwNzg1L21pY3Jvc29mdC14Ym94LXJldmVudWUtcTMtMjAyNi1lYXJuaW5ncz91ZWlkPWJjNjIwNzJjNzlhYzdiZTk5MDQyMGUzMzM1ZDBjOTUyJmJ4aWQ9NjkyNzgzMGQ1MmY5NzEzNzIzMDZjMThl/6927830d52f971372306c18eCb57ff9a3" target="_blank" style="text-decoration: underline; color: #5200ff;" rel="noopener">Microsoft reports sinking Xbox revenue as its cloud business climbs</a></li><li aria-level="1" style="Margin:0 0 2px 0"><a href="https://link.theverge.com/click/45456917.28445/aHR0cHM6Ly93d3cudGhldmVyZ2UuY29tL3RlY2gvOTIwODE1L2dvb2dsZS1hbHBoYWJldC1xMS0yMDI2LWVhcm5pbmdzLXN1bmRhci1waWNoYWk_dWVpZD1iYzYyMDcyYzc5YWM3YmU5OTA0MjBlMzMzNWQwYzk1MiZieGlkPTY5Mjc4MzBkNTJmOTcxMzcyMzA2YzE4ZQ/6927830d52f971372306c18eB6684ad28" target="_blank" style="text-decoration: underline; color: #5200ff;" rel="noopener">Google Search queries hit an ‘all time high’ last quarter</a></li><li style="Margin:0 0 2px 0">
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<span class="tinyMce-placeholder" style="word-break: break-word; color: #000000;"><span style="word-break: break-word; color: #5200ff;">/</span> <strong>One great deal 💰</strong></span></h1></td></tr></table><table class="list_block block-2" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" 
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