Oracle co-founder Larry Ellison edges toward richest-person title once again
Oracle's stock experienced a slight dip after a record surge, fueled by its booming AI cloud business. This surge briefly propelled co-founder Larry Ellison past Elon Musk as the world's richest person, with his net worth soaring by nearly $100 billion. OpenAI's massive $300 billion agreement with Oracle for computing power significantly contributed to this growth.
Oracle's stock experienced a slight dip after a record surge, fueled by its booming AI cloud business. This surge briefly propelled co-founder Larry Ellison past Elon Musk as the world's richest person, with his net worth soaring by nearly $100 billion. OpenAI's massive $300 billion agreement with Oracle for computing power significantly contributed to this growth.
