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Larry Ellison's £10 Billion Investment Sparks Oxford Tech Boom

10/24/2025

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Summary

Story summary

Larry Ellison, Oracle co-founder, will invest up to £10 billion in an Oxford campus over the decade, boosting life sciences.
The Ellison Institute of Technology (EIT) will recruit scientists in medical science and artificial intelligence, potentially creating 7,000 jobs.
The investment follows £1.9 billion commitment.
Chancellor Reeves said the pledge shows Britain's growing global appeal in science and aligns with efforts to increase investment to the Office for Budget Responsibility.

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Story summary

Larry Ellison, Oracle co-founder, will invest up to £10 billion in an Oxford campus over the decade, boosting life sciences.
The Ellison Institute of Technology (EIT) will recruit scientists in medical science and artificial intelligence, potentially creating 7,000 jobs.
The investment follows £1.9 billion commitment.
Chancellor Reeves said the pledge shows Britain's growing global appeal in science and aligns with efforts to increase investment to the Office for Budget Responsibility.