Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two to teach fellow tech titans, in particular his friend Elon Musk, about staying power.

Owing to US tech stocks crash, billionaires like Nvidias Jensen Huang and Oracles Larry Ellison lost more than $20 billion wealth in a single-day. Popularity of DeepSeek resulted in a frenzy selling in US tech stocks,

Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.

Several notable billionaires experienced massive hits to their fortunes Monday as the Chinese generative artificial intelligence startup DeepSeek upended the U.S. stock market, hitting the American AI leader Nvidia the hardest.

US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.

The American markets were spooked by the DeepSeek AI storm on Monday, January 27. While Dow Jones closed in green with minor gains, the tech-heavy Nasdaq closed with colossal losses of 612.47 points,

Larry Ellison has become central to two pressing issues: the fate of TikTok and the infrastructure demands of artificial intelligence. © 2024 Fortune Media IP ...

Billionaire Larry Ellison’s backing of Stargate — a landmark, $500 billion artificial intelligence infrastructure project touted by President Trump — could help grease the wheels for the ...

Bryan Johnson highlights Larry Ellison's views on AI revolutionizing healthcare, particularly in cancer detection, treatment, and vaccine development. Larry Ellison mentions the construction of ...

Rivaling Huang’s drop Monday was a $29.4 billion loss for Oracle chairman Larry Ellison, as Oracle stock tanked 15% — Ellison fell from third-richest person on Earth to fifth, falling behind ...

Explore how education shaped the world's wealthiest individuals. From Jeff Bezos' engineering degree to Elon Musk's short-lived PhD pursuit, and Mark Zuckerberg's Harvard dropout story, their academic paths reveal diverse routes to massive success.

The tech leaders, including Larry Ellison, Jeff Bezos, Michael Dell, and Google co-founders Larry Page and Sergey Brin, have collectively seen their fortunes grow significantly. These eight technology moguls alone accounted for over $600 billion of the $1. ...