Oracle announced a new partnership with AI startup Cohere that will utilize Cohere's large language models and Oracle's cloud infrastructure to help clients make generative AI tools.
With a 42% stake in Oracle and the company’ stock rising roughly 54% year-to-date, CTO Larry Ellison has knocked Amazon’s Jeff Bezos out of the third spot for world’s richest person.
Tesla CEO Elon Musk has until Oct. 28 to close the Twitter deal before the Delaware Court of Chancery moves forward with a legal trial in November.
Oracle co-founder Larry Ellison was subpoenaed by Twitter as the company attempts to force Elon Musk to follow through with his $44 billion purchase.
Oracle expects to complete its $95 per share tender offer for Cerner on June 6 paving the way for the company's largest acquisition ever.
As a result of the new commitments, Musk's margin loan financing for the Twitter deal has been reduced from $12.5 billion to $6.25 billion, while his equity financing has increased from $21 billion to $27.25 billion.
SailGP, the global league co-founded by software tycoon Larry Ellison, could have a team owned and operated by cryptocurrency enthusiasts as soon as the start of its fourth season in late 2023.
Billionaires boomed last year with wealth hitting $10 trillion jumping 5.7% annually after a record 3,204 individuals made the cut.
Musk had the largest dollar gain on this year's list, according to Forbes, with a fortune of $151 billion, a $126.4 billion increase compared to $24.6 billion last year, when the Tesla and SpaceX executive ranked at No. 31.
Tesla CEO Elon Musk tweeted that he is meeting with Oracle CEO Larry Ellison in Hawaii to "seek some advice."
Oracle co-founder Larry Ellison has moved from California's Silicon Valley to the Hawaiian island of Lanai.
Technology wiz Elon Musk is on track to become the world's third-richest person.
Winning the TikTok contest would pay other dividends for Mr. Ellison, most significantly boosting Oracle’s efforts to gain traction in the hot field of cloud-computing—which he once dismissed as a fad.
A TikTok-Oracle combo remains on ice as White House insiders pooh pooh the deal.
President Trump's China Hawks are not sold on the deal.
Trump's friendship with Oracle CEO Larry Ellison may not be enough for a TikTok win.
A TikTok-Oracle deal is being reviewed by U.S. Treasury Department.
Oracle Corp. has expressed an interest in acquiring the popular Chinese social video app TikTok, a new report said Tuesday.
On March 18, the stock market had already dropped about 29 percent from its Feb. 19 peak.
U.S. billionaires' wealth has grown by $434 billion since March 18, when the majority of the nation shutdown to slow the spread of the virus