FT News Briefing Oracle’s leadership shake-up
133 snips
Sep 23, 2025 Nvidia's ambitious plan to invest $100 billion in OpenAI is shaking up the AI landscape. Meanwhile, Oracle is undergoing a leadership change, with new co-CEOs stepping in as Safra Catz departs. The U.S. is contemplating significant intervention to stabilize Argentina's struggling economy. Additionally, fears loom over the Indian IT sector after a hefty increase in the H-1B visa fee by the U.S. government. These developments highlight the intersecting challenges of global tech and markets.
AI Snips
Chapters
Transcript
Episode notes
Oracle Splits Its Top Job
- Safra Catz is stepping down as Oracle CEO to become executive vice chair while two co-CEOs take over.
- The move signals Oracle prioritising applications and data-centre infrastructure and may lead to a future sole CEO choice.
Oracle’s Role In The TikTok Deal
- Oracle will take a stake in the spun-out U.S. TikTok and oversee the retrained algorithm to prevent Chinese access.
- This role gives Oracle both commercial upside and political proximity to the U.S. administration.
Oracle Riding AI Tailwinds, With Limits
- Oracle benefits from other tech firms' capacity shortages by signing data-centre deals.
- But it lacks the diverse product portfolio of the biggest tech winners, so it may not join the top-tier club.