Oracle founder Larry Ellison is reaping the benefits of artificial intelligence popularity, edging past Microsoft founder Bill Gates to land the No. 4 spot on the Bloomberg Billionaires Index
Oracle\n \n founder Larry Ellison is reaping the benefits of artificial intelligence popularity, edging past Microsoft\n \n founder Bill Gates to land the number four spot on the Bloomberg Billionaires Index on Monday, according to Bloomberg. Ellison is now the world’s fourth-richest person, with a staggering $129.8 billion net worth, Bloomberg reported. He just squeaked past Gates, whose net worth — Bloomberg reported — is currently $129.1 billion.
Oracle is cashing in on AI, investing in OpenAI competitor Cohere, which raised a total of $270 million in a funding round last week, according to reports. Artificial intelligence is keeping investors optimistic. Bank of America economists said the S&P 500 move into the bull market was mostly because investors rallied around AI. Ellison is the largest stockholder in Oracle and owns approximately 42.9% of its shares, a 2022 SEC proxy statement said. The 78-year-old also owns a 1.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
'Winning Time' Season 2 Trailer: Magic Johnson and Larry Bird Square OffThe firsst trailer for WinningTime Season 2 reveals a summer release date and Magic Johnson and Larry Bird’s epic rivalry. Watch it now:
Les mer »
Presidential candidate Larry Elder discusses welfare, education, CRT -SAN DIEGO (KUSI) – Larry Elder, former California gubernatorial candidate and current candidate running for the 2024 GOP presidential nomination, joined KUSI’s Hunter Sowards and Logan Byrnes on Monday to discuss his platform. He asked KUSI viewers if they’ve lost friends and become estranged with family members over the controversy surrounding Donald Trump. While Elder aligns himself with Trump’s policies...
Les mer »