My immediate reaction to the announcement was one of these is not like the others. OpenAI, a couple of big investment funds, Microsoft, Nvidia, and...............Oracle?
Oracle makes perfect sense in that they are 1) a massive datacenter company, and 2) sell a variety of saas products to enterprises, which is a major target market for AI.
Sadly, it is not that unexpected given some of his recent interviews[1]. Any other day, I would agree it is a surprise.
[1] https://arstechnica.com/information-technology/2024/09/omnip...
Oracle has a lot of valuable classified information about the state and its enemies due to its business.
There is a certain reason that last weeks everybody and their grandma is simping for Trump. Nobody would want to be on his bad side right now. Moreover, we hear here and there that Trump "keeps his promises". A lot of the promises we do not know about and we may never will. These people did not spend money supporting his campaign for nothing. In other places and eras this would have been called corruption, now it is called "keeping his promises".
Oracle provides two things: A datacenter for Nvidia chips, and health data. Oracle Cerner had a 21.7% market share for inpatient hospital Electronic Health Records (EHR). Larry Ellison specifically mentioned healthcare when announcing it in the Whitehouse.
The announcement was funny because they weren't quite sure what they are going to do in the health space. Sam Altman was asked, and he immediately deferred to Ellison and Masayoshi. Ellison was vague... it seems they know they want to do something with Ellison's massive stash of health data... but they don't quite know what they are building yet.