Oracle co-founder Larry Ellison has borrowed over $50 billion to fund a massive AI data center buildout. Oracle raised $100 billion in debt financing in approximately 60 days in early 2026. Project Stargate plans to invest up to $500 billion over four years in AI data centers, with individual facilities exceeding 500,000 square feet and a target power capacity of 10 gigawatts. Quarterly revenue reached $17.2 billion for the period ending February 28, 2026, with cloud services revenue growing 44% year over year. Ellison briefly became the world’s richest person with an estimated net worth between $393 billion and $400 billion.
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