172 new news items in the last 24 hours

10 September 18:40

Larry Ellison has surpassed Elon Musk's wealth, reaching 389 billion dollars, due to the rise in Oracle's shares, driven by demand for AI.

Raluca Ioana Draghici

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Economy

TORU YAMANAKA / AFP / Profimedia

Oracle's stock increase of over 40% has propelled Larry Ellison's wealth to $389 billion, surpassing Elon Musk, who has $384 billion. Oracle has had excellent financial results, signing large contracts, and the demand for data infrastructure in the AI sector has significantly increased. In contrast, Tesla, Musk's company, is facing issues, and its stock has dropped by 25% since the end of last year.

Sources

Larry Ellison îl depășește pe Elon Musk: Oracle explodează pe bursă, averea cofondatorului trece de 389 miliarde de dolari

Financial Intelligence

Larry Ellison l-a detronat pe Elon Musk din poziţia de cel mai bogat om de pe Planetă

Miliardarul care l-a depășit pe Musk și a devenit cel mai bogat din lume. Averea lui a crescut brusc cu 100 mld. USD

Larry Ellison a câștigat 101 de miliarde de dolari într-o singură zi, l-a depășit pe Elon Musk și a devenit cel mai bogat om din lume

Elon Musk își pierde titlul de cel mai bogat om din lume. În faţa cui? Acţiunile urcă spectaculos

ȘTIRI PE ACELEAȘI SUBIECTE

International

At the annual shareholders' event in Austin, Texas, Elon Musk received approval from over 75% of investors for a salary package of 1 trillion dollars.

Economy

Nvidia's shares rose by 3% in premarket trading, advancing towards a market capitalization of 5 trillion dollars, following record orders for AI chips and plans for supercomputers for the USA.

IT&C knowledge

Sam Altman, the director of OpenAI, estimates revenues of over 20 billion dollars in 2025 and an accelerated expansion, with investments of 1.4 trillion dollars in infrastructure.

IT&C knowledge

Amazon Web Services will provide OpenAI with hundreds of thousands of Nvidia processing units, as part of a seven-year agreement, thus strengthening the company's AI infrastructure.

Economy

Tesla reported a 37% decrease in net profit in the third quarter, down to $1.37 billion, as a result of increased operating expenses and fees.

International

BlackRock, Nvidia and Microsoft have announced a major acquisition deal for Aligned Data Centers, valued at approximately 40 billion dollars, as part of the Artificial Intelligence Infrastructure Partnership (AIP) consortium.

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