Larry Ellison, Oracle Co-Founder And One Of Richest Men In The World, Saw His Net Worth Dip $22.6 Billion In One Day Due To DeepSeek Selloff
Larry Ellison, the Oracle (NYSE:ORCL) co-founder and one of the richest people on the planet, watched $22.6 billion disappear ...
Larry Ellison, AI and a future right out of ‘1984'
Oracle is a $320 billion tech giant powering cloud computing, databases, and AI for businesses, governments and the military.
Semtech Corporation (SMTC) Is Powering Nvidia’s AI Revolution
Elon Musk recently sparked skepticism in the AI community by claiming that companies funding the Stargate initiative lack the ...
DeepSeek Impact: World's Richest People Lose $108 Billion Amid AI-Led Market Selloff
After DeepSeek R1's impressive performance, global tech-sector titans as a group saw $94 billion of wealth evaporate — ...
Rupert Murdoch And Larry Ellison Watch As Donald Trump Meets Press In Oval Office And Signs Executive Order To Create Sovereign Wealth Fund
Donald Trump signed an executive order to begin the process of creating a sovereign wealth fund, a move he said may be used ...
World’s richest people suffer $108 billion loss on DeepSeek fuelled tech selloff
A tech selloff led by Chinese AI developer DeepSeek erased $108 billion from the wealth of the world’s richest, with Nvidia’s ...
From Larry Ellison To Jensen Huang, Here Are Some American Tycoons Who Lost Billions In Personal Net Worth In A Day Amid DeepSeek Chaos
The American markets were spooked by the DeepSeek AI storm on Monday, January 27. While Dow Jones closed in green with minor gains, the tech-heavy Nasdaq closed with colossal losses of 612.47 points, ...
OpenAI’s Sam Altman and SoftBank’s Masayoshi Son Are AI’s New Power Couple
The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.
How China’s DeepSeek’s rise cost the world’s richest $108B in a day
Tech billionaires lost around $100 billion as Chinese AI disruptor DeepSeek challenges Silicon Valley with a low-cost chatbot ...
World's richest people lose $108b after DeepSeek selloff
Hangzhou-based DeepSeek has been developing AI models since 2023, but the company first came onto the radar of many Western investors this weekend as its free DeepSeek R1 chatbot app topped download c ...