Jeff Sommer

AI is running on borrowed money

by Jeff Sommer ·July 24, 2026

Wealth from Oracle, the giant tech company founded by Larry Ellison, is enabling Larry and his son, David, to become media moguls. Thanks to…

Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers. (Jason Hoffman/The New York Times)