Reported about 4 hours ago
Larry Ellison, co-founder of Oracle, has made headlines again as his company's recent cloud computing deals propelled its stock up 35.9%, bringing his wealth near $400 billion, second only to Elon Musk. Ellison's resurgence parallels influential moves in media, including his family's potential acquisition of Warner Bros Discovery and a growing relationship with TikTok. Despite his past reputation as Silicon Valley's 'bad boy,' he is now focusing on AI and cloud computing advancements, although challenges remain as Oracle heavily relies on key clients like OpenAI.
Source: YAHOO