Larry Ellison, who owns 42% of Oracle, a $465 billion technology giant, highlighted the company’s significant investments in AI infrastructure. Oracle is developing advanced data centers, with 85 operational and 77 more in the pipeline, aiming for a long-term goal of 2,000 centers. The company invested $6.9 billion in data center infrastructure in fiscal 2024 and plans to double this investment in fiscal 2025. Ellison emphasized the need for more GPUs from Nvidia, citing high demand from AI developers and Oracle’s inability to meet current demand until more data centers are online. Oracle’s cloud infrastructure generated $22 billion in revenue in the first quarter, a 46% increase, and secured $3 billion in new GPU capacity contracts. Despite Nvidia’s stock dip, Ellison’s remarks suggest promising future prospects for Nvidia shareholders, with Wall Street anticipating increased earnings per share for Nvidia in fiscal 2026.