LARRY ELLISON BET IT ALL ON THE AI BOOM. WILL HE BE THE FACE OF THE AI BUBBLE?

Summary from the TLDR newsletter

When Trump came into office, he took the guardrails that were hindering AI development, and Larry Ellison cashed in by signing several large infrastructure deals. This big bet on AI was built on an astronomical amount of debt in every imaginable form. The hypothesis was that whoever controlled the most computing power would control the AI economy. Investors have started questioning whether this level of spending is sustainable in recent weeks and are concerned about whether the money being pumped into data centers will ever return the promised profits.