Oracle(US:ORCL) 3 6 Ke·2025-09-14 03:56Core Points - The article narrates the life and career of Larry Ellison, co-founder of Oracle, highlighting his rise to wealth and influence in Silicon Valley, particularly after a significant stock surge following a major deal with OpenAI [2][50]. Group 1: Early Life and Background - Larry Ellison was born in 1944 and raised by his adoptive parents, which shaped his independent and rebellious character [4]. - His childhood was marked by hardship, and he struggled academically after the death of his adoptive mother, leading to a lack of formal education [3][4]. Group 2: Career Beginnings - Ellison worked in various small companies and learned computer programming, eventually deciding to start his own software company [5]. - In 1977, he co-founded Oracle, initially investing $1,200 for a 60% stake in the company [7]. Group 3: Business Strategies and Growth - Ellison's aggressive marketing tactics included convincing the CIA to purchase Oracle's database technology, despite its initial unreliability [10][11]. - Oracle's early products faced significant quality issues, but the company managed to grow rapidly through bold claims and internal competition [21][22]. Group 4: Competition and Market Position - Oracle faced fierce competition from IBM and Microsoft, with Ellison often publicly criticizing these rivals [26][31]. - Despite setbacks, Oracle's market position strengthened in the 1990s, leading to significant growth and customer satisfaction [23][24]. Group 5: Recent Developments - On September 10, Oracle announced a $300 billion computing power procurement agreement with OpenAI, resulting in a substantial increase in its stock price and Ellison's net worth [50]. - This deal marked a significant milestone for Oracle, positioning it as a key player in the cloud computing market [50]. Group 6: Philanthropy and Legacy - Ellison has engaged in philanthropic efforts, including significant donations to initiatives aimed at eradicating polio, reflecting a shift towards social responsibility [51][52].