As Larry Ellison settled in for dinner at the elegant Japanese restaurant Nobu in Palo Alto last year, he was joined by his long-time friend Elon Musk. The pair had dined there together several times, but on this occasion they sat across from Nvidia’s Jensen Huang. The two billionaires shared an objective: get their hands on more of the Nvidia chips, known as GPUs, fuelling the generative AI revolution.

“I would describe the dinner as me and Elon begging Jensen for GPUs: ‘Please take our money. No, no, take more of it’,” Ellison, co-founder of software company Oracle, later told an audience of financial analysts. “By the way, I got dinner ... It went okay. It worked.”

The high-stakes networking speaks volumes about how Ellison, at the age 81, has clawed his way back to the top of the tech heap.

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