Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...

NEW YORK, Dec 18 (Reuters Breakingviews) - Larry Ellison is channeling an ancient treatise for an ultra-modern battle. The billionaire devotee of Chinese military general Sun Tzu will know “The Art of ...

Larry Ellison dropped among the ranks of the world’s richest people on Thursday, falling to No. 3 as Oracle’s stock paced its worst single-day rout in nearly a year after the cloud services firm ...

Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford and Drake Bennett report on Larry Ellison’s bet to return ...

Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...

“Training AI models on public data is the largest, fastest-growing business in history,” he said. “AI models reasoning on private data will be an even larger and more valuable business. Oracle ...

For a moment earlier this year, Larry Ellison was the richest man in the world. Although the Oracle co-founder only briefly stole the top spot from Elon Musk, it was a high point in what was a huge — ...

(Bloomberg/Brody Ford, Dylan Sloan and Tom Maloney) — When the year began, a billionaire with close ties to the White House was a lock for the most newsworthy tech titan of 2025. But 12 chaotic months ...