Tuesday, December 16, 2025

Larry Ellison in command of Oracle’s AI bet

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Tech Across the Globe

UPS deploys robots: The delivery service intends to spend $120 million for 400 robots to unload trucks as part of a $9 billion automation plan.

Coupang rejects summons: The founder and two former executives of the e-commerce company said they wouldn't show up for a parliamentary hearing on a data breach into the site, the largest cybertheft of consumer information ever in South Korea. 

Disney's deal with OpenAI: The artificial intelligence firm won't pay cash to license access to Disney characters for its Sora AI video generator. Instead, Disney will receive stock warrants in addition to its $1 billion investment in OpenAI.

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How Will Hollywood Contend With AI Without Destroying Itself?

Revalued

iRobot, the maker of robot vacuum Roomba, filed for bankruptcy and proposed handing over control of the company to its main Chinese supplier, Shenzhen PICEA Robotics. iRobot, which has steadily lost value since Covid, appeared to be bailed out in 2022 when Amazon bid to acquire it. Instead, European regulators threatened to block the deal and Amazon dropped its takeover bid in January 2024.

Must Read

Larry Ellison is firmly in command of Oracle's aggressive bet to become a major cloud provider for artificial intelligence work, Brody Ford and Drake Bennett report in today's Tech In Depth. The effort has thrust Ellison, 81, a software pioneer, back into the industry's limelight, they write.

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This Week in Game On

Clair Obscur: Expedition 33 was the big — and expected — winner at the 2025 Game Awards, taking home nine trophies, including the top award, Game of the Year, Jason Schreier reports in this week's Game On.

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