Larry Ellison quietly gave $45 million（約72億円） to a Trump-backing nonprofit, and Oracle has since landed major roles in a $500 billion（約80兆円） AI data-center project and TikTok's U.S. operations.

What happened

Oracle cofounder Larry Ellison donated about $45 million（約72億円） to a nonprofit supporting Trump's 2024 campaign without public disclosure, the Wall Street Journal reported. Since Trump's second inauguration, Oracle was named an anchor of Stargate, a $500 billion（約80兆円） plan to build AI data centers across the U.S., and later took over TikTok's U.S. operations after Trump signed an executive order clearing the deal.

Why it matters

Ellison's donations and Oracle's subsequent corporate wins suggest a pattern of private support yielding tangible business benefits. Oracle reported $455 billion（約73兆円） in remaining performance obligations, up 359% year over year, in September 2025—a significant increase that appears to coincide with these government-backed opportunities.

What to watch

The Paramount-Warner Bros. Discovery merger, which the Justice Department cleared this month and would hand the Ellison family CNN, remains under investigation by California Attorney General Rob Bonta, who stated the deal 'is not a done deal.'