Elon Musk was the world’s richest person for nearly 300 days before Oracle co-founder Larry Ellison experienced a $101 billion overnight wealth surge, taking the throne from the Tesla executive. But his high was short-lived, as in the days following Oracle’s breakout earnings report, Ellison’s net worth plummeted $34 billion while Musk enjoyed a $35 billion surge. An economist tells Fortune the fall could be caused by “second thoughts” over Oracle’s recent deal with OpenAI. Elon Musk had steadily held ...

OpenAI has signed a contract to purchase $300 billion in computing power over roughly five years from Oracle , among biggest in history, the Wall Street Journal reported on Wednesday. ...

This up-and-coming AI company is partnering with some of the biggest companies in the world to deliver computing power.*Stock prices used were the afternoon prices of June 8, 2025. The video was published on June 10, 2025. ...