Ellison Briefly Dethrones Musk: Oracle's AI Surge
Update: 2025-09-11
Description
Larry Ellison dethroned Elon Musk as world's richest person for a fleeting half-hour thanks to Oracle's AI-fueled stock surge following massive deals with OpenAI, Meta, Nvidia, and xAI. Oracle's cloud business is booming, projecting eighty percent revenue growth, while Tesla and Musk face headwinds due to slowing electric car sales, highlighting the volatile landscape of tech fortunes amid the AI revolution.
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