What Larry Ellison Doesn’t Want You to Know | ft. @Kaburbank

What Larry Ellison Doesn’t Want You to Know | ft. @Kaburbank02:58

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More Perfect Union

Published at:

8/9/2025

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570.5K

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Larry Ellison, the second richest person in the world, now has even more power and influence. That's thanks to his son David Ellison, who yesterday took the reins as Paramount's new chairman and CEO after its $8.4 billion merger with his company Skydance.

Video Transcription

They're saying Larry Ellison just became the most powerful man in America because of...

Daddy's little boy.

This is Larry Ellison's son, David.

He owns Skydance Media, the company that just merged with Paramount.

Larry Ellison's son.

Larry Ellison is the guy who owns Oracle Corporation, one of the largest computer software and cloud storage companies in the world that he interestingly founded after working on a major project for the CIA to build a database that was codenamed Oracle.

So that's weird.

Ellison's company now provides data storage to OpenAI, the company behind ChatGPT.

Oracle has a $500 billion partnered investment with OpenAI and SoftBank Group Corporation in 10 gigawatts of AI infrastructure in the United States over the next four years.

So if we ask ChatGPT a question, the answer is very likely produced using data stored in Larry Ellison's company's database.

In that cloud is data stored.

about everything.

So Larry Ellison's becoming the AI data guy.

He's a big tech billionaire who not only has a ton of power because of his own companies and investments, he has sway now through his sons too.

David Ellison was meeting with the Trump administration to negotiate the huge merger between his company Skydance and Paramount, which also owns CBS.

And no, South Park isn't the only show being affected.

Notably, Stephen Colbert's show was canceled amidst the negotiations.

This is all just going away.

The FCC voted in late July to approve Paramount's $8.4 billion merger with Skydance Media and transfer all 28 CBS television station licenses to Larry Ellison and his family.

Because even if David Ellison is Paramount's new chairman and CEO,

It's his dad who's footing the bill alongside the private equity company, Redbird.

And it's dad who has Trump's ear too.

Also as part of this agreement, David Ellison pledged to abandon all diversity, equity, and inclusion programs at Paramount.

This is just a ton of power to be in one family.

And it puts Larry Ellison in the growing ranks of billionaire big tech execs who own major media companies while Trump cuts funding for public broadcasting.

But I'm sure nothing's going to go wrong giving more power to the guy who once said citizens will be on their best behavior because we are constantly recording and reporting everything that's going on.

or who suggested that the government unify all the national data to be put into a database and feed it to AI.

But at least Larry Ellison can now continue to support his passions like hanging out on his private island and racing his yachts.

I'm not even kidding.

He owns an island in Hawaii and he's been heavily involved in yacht racing for decades and has won several major competitions, including the America's Cup twice as the owner of Oracle Team USA, of course.