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Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president. Since Trump’s victory last week, Musk is about $70 billion richer on paper. For Musk, getting Trump back into the White House became another full-time job. After the election last week, Musk briefly joined Trump’s phone call with Ukrainian President Volodymyr Zelenskyy, NBC News reported. Musk owns 411.06 million Tesla shares, as of the latest filings, and about 304 million performance-based options.

Persons: Elon Musk, Donald Trump, It’s, That’s, Larry Ellison, Ellison, Musk’s, who’s, Trump, Musk, Kamala Harris, Volodymyr Zelenskyy, he’s, Brendan Carr, Florida Republican Sen, Rick Scott, ” Musk, “ He’s, ”, Gene Munster, Tesla, Munster, ” Munster, Judge Kathaleen McCormick, McCormick, Ellison aren’t, Brian Armstrong, Cryptocurrencies Organizations: Twitter, Tesla, Forbes, Oracle, White, America PAC, Trump, NBC News, The New York Times, ABC, Trump’s, Federal Communications Commission, Florida Republican, SpaceX, Co, CNBC, Elon, Shareholders Locations: Pennsylvania, Lago, Florida, Delaware

☆ 2 crypto tycoons are almost $15 billion richer after Trump's election victory
▼ + stars: | 2024-11-07 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Two crypto moguls' joint wealth rose by about $15 billion on the back of Trump's election victory. Binance's Chaopeng Zhao and Coinbase CEO Brian Armstrong added about $12 billion and $2.6 billion each. AdvertisementTwo cryptocurrency tycoons saw a near-$15 billion boost to their combined wealth on Wednesday as Donald Trump won the presidential election. One result was the world's 12 richest people grew more than $70 billion richer in a single day, per Bloomberg's wealth rankings. Exclude him and his 11 peers have grown a combined $505 billion richer this year — a figure that exceeds the market value of Oracle ($502 billion).

Persons: Binance's Chaopeng Zhao, Brian Armstrong, —, Donald Trump, Changpeng Zhao, Zhao, Elon, Binance, Elon Musk, Anthony Harvey, Kamala Harris, Musk, Larry Ellison, Berkshire Hathaway's Warren Buffett, Jeff Bezos, Bernard Arnault Organizations: Service, Bloomberg, Trump, Ethereum, Republican, Democratic, Oracle Locations: Solana, Berkshire

☆ The world’s 10 richest people got a record $64 billion richer from Trump’s reelection
▼ + stars: | 2024-11-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

The wealth of the world’s 10 richest people also soared by a record amount, according to Bloomberg’s Billionaire Index. The biggest gainer was Elon Musk, the world’s richest person and one of Trump’s most outspoken and dedicated supporters, whose wealth jumped $26.5 billion to $290 billion Wednesday, according to Bloomberg. Truth Social owner Trump Media & Technology Group, Trump’s social media company, also cashed in with shares skyrocketing in value after CNN and other media outlets projected Trump won. Trump is the dominant shareholder in the conservative social media company, which has scant revenue and is losing money. The president-elect’s 114.75 million shares were worth about $5.3 billion briefly based on those early gains, up from $3.9 billion when trading ended on Election Day.

Persons: Donald Trump, Elon Musk, Jeff Bezos, Kamala Harris, Larry Ellison, Trump, Bill Gates, Steve Ballmer, Larry Page, Sergey Brin, Warren Buffett, ”, Michael Block Organizations: New, New York CNN, Wednesday, Bloomberg, Amazon, Oracle, Microsoft, Berkshire Hathaway, Democratic, Social, Trump Media & Technology Group, CNN, Trump Locations: New York, Washington

☆ Behind the Warner Bros. Discovery-Paramount deal that never was
▼ + stars: | 2024-11-05 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Zaslav wanted a deal to happen. The problem, per Paramount: Zaslav didn't want to write a big check to Paramount owner Shari Redstone. What wasn't well-known: Zaslav spent months hanging around the basket, hoping that he could somehow land a Paramount deal. AdvertisementA week later, Paramount says, Zaslav talked to Bakish and told him he'd still love to make a deal. AdvertisementSo here we are today, nearly a year after WBD and Paramount first discussed a deal.

Persons: David Ellison, Larry Ellison's, David Zaslav, Zaslav, Shari Redstone, —, Ellison, Larry, I've, WBD, Per, Bob Bakish, Bakish, he'd, Shari Redstone's, Paramount's Organizations: Paramount, Warner Bros ., SEC, Service, ers, Warner Bros Locations: writedowns, Zaslav

☆ Oracle applies to join Epic and others in new federal medical record network
▼ + stars: | 2024-10-28 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Oracle on Monday announced it intends to join a new federally-backed medical network that will make it easier for clinics, hospitals and insurance companies to share patients' data. Oracle, which acquired the medical records giant Cerner for $28 billion in 2022, is the latest major vendor to support TEFCA, joining its chief rival Epic Systems. Oracle needs to be approved to join TEFCA, but its interest in doing so helps to bolster the nascent network's credibility. "This is just a natural next step," Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences, told CNBC in an interview. The main groups that participate in health-data exchanges through TEFCA are called qualified health information networks, or QHINs.

Persons: Larry Ellison, TEFCA, Seema Verma, Ken Glueck, Judy Faulkner, – Organizations: Oracle Corp, Oracle, Monday, Epic Systems, TEFCA, Oracle Health, Life Sciences, CNBC Locations: San Francisco , California, U.S, TEFCA

A day after its sharpest rally since 2013, Tesla's stock on Friday headed for its highest close in more than a year as investors and analysts continued to applaud the electric vehicle company's third-quarter results. Tesla shares rose 2.8% on Friday morning to $267.79, putting the stock on pace for its highest finish since September 2023. The firm, which already had a buy rating on the stock, said it was increasing its 12-month price stock prediction to $315 from $310 "to reflect higher deliveries and higher margins." Still, Tesla's stock remains about 35% below its all-time high reached in 2021. WATCH: Tesla's price war is over

Persons: Elon Musk, Mark Read, Piper Sandler, Tesla, FactSet, Musk, Larry Ellison, Li Auto, Bernstein Organizations: Cannes Lions, JPMorgan, Forbes, Tesla, Ford, General Motors Locations: Cannes, France, FSD, California, Texas, China, U.S

☆ Elon Musk added over $30 billion to his net worth in a day on Tesla's post-earnings stock surge
▼ + stars: | 2024-10-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Elon Musk's net worth soared by about more than $30 billion on Thursday after Tesla stock surged 22%. AdvertisementElon Musk added more than $30 billion to his net worth on Thursday after Tesla stock soared following its third-quarter earnings results. The massive gain puts Elon Musk's total net worth at just over $270 billion, according to data from Bloomberg. Musk's entire Tesla stake is worth about $123 billion. The billionaire owns about a 42% stake in the space exploration company with a total value of just over $80 billion, according to Bloomberg.

Persons: Elon, —, Elon Musk, Tesla, Jeff Bezos, Larry Ellison Organizations: SpaceX, Service, Elon, Bloomberg, The Boring Company Locations: Tesla

Musk is now worth about $269 billion, according to Forbes, putting him more than $50 billion ahead of good friend and former Tesla board member Larry Ellison, who remains the largest shareholder in Oracle . Tesla shares soared 22% at the close, their second-biggest gain since the company's IPO in 2010. Prior to the earnings announcement, Tesla shares had been slumping and were headed for their worst month since January. But the stock erased its loss for the year and is now up 5% in 2024, compared to the Nasdaq's 23% gain. Tesla reported earnings per share of 72 cents, topping the average analyst estimate of 58 cents.

Persons: Elon Musk, Musk, Larry Ellison, Tesla's, Tesla Organizations: Forbes, Oracle, SpaceX, Twitter Locations: Los Angeles , California, U.S, FSD

☆ Jensen Huang hails Elon Musk and xAI for building an AI supercomputer at 'superhuman' speed
▼ + stars: | 2024-10-14 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Nvidia's Jensen Huang praised Elon Musk for building a supercomputer cluster in "19 days." AdvertisementNvidia chief Jensen Huang has praised Elon Musk after his startup xAI built a supercomputer in 19 days, an effort that he said would take others years. xAI built its supercomputer, called Colossus, from a cluster of 100,000 Nvidia H100 GPUs. In an interview with Jordan Peterson on X in June, Musk said it took 19 days to get Colossus from hardware installation to beginning training. Nvidia and Elon Musk didn't immediately respond to requests for comment from Business Insider, made outside normal working hours.

Persons: Nvidia's Jensen Huang, Elon Musk, Huang, —, Jensen Huang, Elon, Musk, Jordan Peterson, X, xAI, Larry Ellison, Elon Musk didn't Organizations: Nvidia, Service, Oracle, Elon, Business Locations: Memphis, Grok, Nobu, Palo Alto

☆ Nvidia's value soars by $400 billion in 5 days. That's more than Costco is worth.
▼ + stars: | 2024-10-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Nvidia stock climbed 4% on Tuesday, extending its rally to 14% in five days. The chipmaker's market value soared by $400 billion — more than Costco is worth. Its $400 billion increase in value within a week is worth underscoring. Costco, which generated $254 billion of revenue and $7.4 billion of net income last year, is worth less than that. There's been no greater beneficiary than founder and CEO Jensen Huang, whose net worth has ballooned from about $14 billion to $106 billion in under two years.

Persons: Jensen Huang, Blackwell, —, There's, Amancio Ortega, Michael Dell, Huang, Elon Musk, Mark Zuckerberg, OpenAI's Sam Altman, Oracle's Larry Ellison, Microsoft's Satya Nadella, Andy Jassy, Alphabet's Sundar Pichai Organizations: Costco, Nvidia, Service, Microsoft, Apple, Bloomberg, Big Tech

☆ The beginner's guide to nepo babies
▼ + stars: | 2024-10-04 | by ( Amanda Yen | ) www.businessinsider.com time to read: +9 min

AdvertisementThere's one other field that's become a magnet for nepo babies with something new to say: journalism. The coastersBrooklyn Peltz Beckham and Nicola Peltz Beckham at the Academy Museum Gala in December 2023. Brooklyn Peltz Beckham and Nicola Peltz Beckham also fall into this category. The activistsSome nepo babies use their inherited millions to address social issues they're passionate about. The normiesLastly, there are some nepo babies who have chosen professions in fields where their connections won't help them quite as much.

Persons: —, John Quincy Adams, John Adams, Liza Minnelli, Judy Garland, Chan Zuckerberg, Mark Zuckerberg, Taylor Swift, Zuckerberg, Forbes — isn't, ultrarich, Alexandre Arnault, Antoine Arnault, Delphine Arnault, Bernard Arnault, Vianney Le Caer, Murdoch, Donald Trump, Fred Trump, Bill Gates, David Ellison, Larry Ellison, Jessica Pegula, Emma Navarro, Bruce Springsteen, Michael Bloomberg, Lance, Lawrence, Williams, Logan Sargeant, McLaren, Lando Norris, Jack Schlossberg, Kennedy, who's, Z's, Ronan Farrow, Mia Farrow, Woody Allen, rocketed, Harvey Weinstein, Brooklyn Peltz Beckham, Nicola Peltz Beckham, Frazer Harrison, Paris Hilton, Olivia Jade Giannulli, Lori Loughlin, she's, David, Victoria Beckham, Nelson Peltz, Abigail Disney, She's, Zers, Elon Musk's, Vivian Wilson, Jennifer Gates Nassar, Charles Shaffer, Anna Wintour Organizations: Service, Fox, News Corp, Oracle, Skydance Media, Aston Martin, New Yorker, Brooklyn, Academy Museum, Paris, Hilton, University of Southern, Zen, Disney, Bank of Mom, Vogue, Columbia University Locations: —, New, University of Southern California, Mount Sinai

☆ Nvidia stock jumps after CEO Jensen Huang says 'demand for Blackwell is insane'
▼ + stars: | 2024-10-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Nvidia stock rose as much as 5% on Thursday after CEO Jensen Huang noted strong demand for its Blackwell GPU. AdvertisementNvidia stock jumped as much as 5% on Thursday following comments from CEO Jensen Huang about the strong demand the company is experiencing for its next-generation Blackwell GPU chips. "Demand for Blackwell is insane," Huang said in an interview with CNBC on Wednesday after the market close. Advertisement"Blackwell is in full production, Blackwell is as planned," Huang said. Huang emphasized in the interview that Nvidia has its fingerprints all over various layers of the computing stack, from GPU chips to software to networking components.

Persons: Jensen Huang, Huang, Blackwell, —, Larry Ellison, Ellison, Elon Musk, Hopper, we're Organizations: Blackwell, Nvidia, Service, CNBC, Oracle

☆ 5 titans of French luxury grew $50 billion richer in a week — and are now worth more than Costco
▼ + stars: | 2024-09-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Five French luxury icons grew $50 billion richer last week on the back of China's stimulus plans. AdvertisementFive titans of French fashion and beauty added a full $50 billion to their fortunes last week, boosting their combined wealth to more than $420 billion. Julien Hekimian/Getty ImagesKering founder François Pinault's net worth rose by $2.3 billion to $25.6 billion last week, placing him 78th on the list. Arnault was worth $24 billion more at $231 billion in March, which made him the world's wealthiest person at the time. Bettencourt Meyers was $7.5 billion richer at $101 billion in June, while the Chanel siblings were each worth about $6.4 billion more at roughly $55 billion around the same time.

Persons: LVMH's Arnault, Chanel, —, stoked, Bernard Arnault, Louis Vuitton, Larry Ellison, Mark Zuckerberg, Françoise Bettencourt Meyers, L'Oréal's, Alice Walton, Francois Guillot, Alain, Gerard Wertheimer, Coco Chanel, Chanel's cofounders, Julien Hekimian, François, Balenciaga, Yves Saint Laurent, Kering, Francois, Henri Pinault, Salma Hayek, MICHAEL TRAN, Rodolphe Saadé, Arnault, haven't, Pinault, Bettencourt Meyers Organizations: Service, Tiffany, Bloomberg, Walmart, Getty, Gucci, CMA CGM, Procter & Gamble, Home, Costco Locations: China, Sephora, AFP

☆ Masayoshi Son is the $100 billion gambler who went from dirt track to tech titan — and he isn't done betting yet
▼ + stars: | 2024-09-28 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +14 min

SoftBank founder Masayoshi Son has spent his life putting bold bets on the future of technology. SoftBank, the media-technology conglomerate Son founded two decades prior, was riding high on the glory it attained in the dot-com boom. He was told he was special," Barber told BI. "He wants to be seen as the great modernizer transforming this petrostate into a truly modern economy where technology is at the forefront," Barber told BI. But as previous cycles in Son's life dictate, the flurry of enthusiasm is typically followed by failure.

Persons: Masayoshi Son, Lionel Barber, —, Son, Bill Gates, Masa —, Uber, Barber, Vladimir Putin, Barack Obama, — he's, Jack Ma's Alibaba, Wang, he's, Napoleon Bonaparte, Genghis Khan, Qin Shi Huang, Emperor of, Microsoft's Gates, Jordan Strauss, Mitsunori, SoftBank, Rupert Murdoch, Larry Ellison, Jack Welch, Steve Jobs, Masayoshi, Justin Sullivan, Rajeev Misra, Nikesh Arora, Phil McCarten, Abu Dhabi's Mubadala, Mohammed bin Salman, Saudi, Michael Moritz, Kim Jong, Adam Neumann, Donald Trump, Wirecard, Jesus, NurPhoto, He's, Allen Lane Organizations: Service, Financial Times, Kremlin, Yahoo, Popular Electronics, Vision, Deutsche Bank, Google, Reuters, Saudi Arabia's Public Investment Fund, Vision Fund, Valley's, Sequoia Capital, Greensill, Nvidia, Signal Publishers Locations: Tokyo's Roppongi, Japan, Masayoshi, Washington, Wayne, Emperor of China, Kyushu, United States, Riyadh, Berkeley, Las Vegas

☆ Mark Zuckerberg joins exclusive $200 billion club, closes in on third-richest person in world
▼ + stars: | 2024-09-28 | by ( Robert Ilich | ) edition.cnn.com time to read: +1 min

Recent figures from Bloomberg’s Billionaire Index show Zuckerberg has grown his personal fortune by a whopping $73.4 billion in 2024 to $201 billion. The Meta CEO is the fourth richest person world, joining an elusive $200 billion club that only counts three other members. Zuckerberg, 40, who launched Facebook in 2004, has much of his wealth tied to Meta Platforms stock. Shares of Meta (META) have surged by nearly 64% in 2024. On Wednesday, Meta shares gained 0.9% to close at a record high of $568.31.

Persons: Jeff Bezos, Bernard Arnault, Mark Zuckerberg, Zuckerberg, Tesla, Elon Musk, We’re, ” Zuckerberg, Jensen Huang, Larry Ellison Organizations: CNN, X, Amazon, Meta, Facebook, European Union, Nvidia, Oracle

☆ LVMH's Bernard Arnault set to overtake Mark Zuckerberg as the world's 3rd-richest person after $24 billion wealth surge
▼ + stars: | 2024-09-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Bernard Arnault's net worth has soared by $24 billion in four days to $201 billion. The LVMH CEO is set to leapfrog Mark Zuckerberg and become the world's third-richest person. AdvertisementBernard Arnault has grown $24 billion richer in four days — and looks set to overtake Mark Zuckerberg as the world's third-richest person. He was the richest person on the planet with a $231 billion net worth in late March. AdvertisementThe decline in LVMH stock this year has narrowed from about 20% to 5%, meaning it's no longer languishing at a two-year low.

Persons: Bernard Arnault's, Mark Zuckerberg, —, Bernard Arnault, leapfrog Zuckerberg, Larry Ellison, He's, who's, Louis Vuitton, Dom Perignon Champagne Organizations: Service, Dior, Tiffany, Oracle, LVMH Locations: China, Moncler, Cashmere, Japan

☆ Benard Arnault added $6 billion to his net worth in a day after China's stimulus sparked a rally in luxury stocks
▼ + stars: | 2024-09-25 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

China's new stimulus measures helped boost Bernard Arnault's net worth by $6.2 billion in a day. LVMH shares surged 4% on the news. Bernard Arnault, the chairman of LVMH, saw his net worth soar $6.2 billion on Tuesday, according to data from Bloomberg, as shares of the luxury goods maker surged 4%. At one point in March, Arnault was the richest person in the world, but since the start of the year, he slipped in the net worth rankings as LVMH stock struggled and a huge mega-cap tech rally boosted the net worth of tech CEOs. AdvertisementArnault's net worth now stands at $183 billion, just ahead of Oracle cofounder Larry Ellison's $179 billion and behind the $200+ billion fortunes of Mark Zuckerberg, Jeff Bezos, and Elon Musk.

Persons: Bernard Arnault's, —, Bernard Arnault, Arnault, Louis Vuitton, LVMH, Pan Gongsheng, Larry Ellison's, Mark Zuckerberg, Jeff Bezos, Elon Musk Organizations: Consumers, Service, Bloomberg, Dior, Tiffany, TAG Heuer, People's Bank of China, Oracle Locations: China

☆ Wall Street warms to nuclear power as banks including Goldman Sachs reportedly back new push
▼ + stars: | 2024-09-23 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Read previewBig Tech is getting excited about nuclear power — and now Wall Street wants a piece of the action. However, their involvement could be crucial in helping meet the emissions target laid out in last year's COP28 climate conference and revive the nuclear energy sector. AdvertisementThat might soon change, and it's not just Wall Street getting more interested in nuclear power. Meanwhile, TerraPower, a company cofounded by Bill Gates, is planning a new nuclear power plant in Wyoming. AdvertisementGoldman Sachs, Morgan Stanley, Bank of America, Barclays, BNP Paribas, did not immediately respond to requests for comment from Business Insider, sent outside normal working hours.

Persons: —, Goldman Sachs, Morgan Stanley, Nuclear's, it's, OpenAI, Larry Ellison, We've, they've, Bill Gates Organizations: Service, Tech, Bank of America, Financial Times, Business, Citi, Barclays, BNP, US, Nuclear, Big Tech, Microsoft, ChatGPT, Oracle, Royce Locations: New York, Wyoming

☆ This tech billionaire could be the richest in the world through stock alone a year from now
▼ + stars: | 2024-09-20 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

An unlikely technology billionaire could come out on top in the battle of the world's richest a year from now. That briefly positioned Ellison as the richest person in the world behind Musk and ahead of Bezos. This could boost the ex-CEO's fortune by $27.8 billion to $203.9 billion, placing him less than $3 billion behind Ellison in stock value. That could mean a windfall for CEO Huang's stock fortune, lifting his stake by $27.2 billion to $128.7 billion. Musk's Tesla stake could decline nearly 11% to $89.6 billion from roughly $100.3 billion as of Thursday's close.

Persons: Larry Ellison, Jeff Bezos, Elon Musk, Jensen Huang, Ellison, Larry, Kim Forrest, I'm, Amazon's, Tesla Organizations: Oracle, Nvidia, Bokeh Capital Partners, Federal Reserve Locations: Bezos

☆ Mark Zuckerberg is now $70 billion richer this year — and almost in the $200 billion club
▼ + stars: | 2024-09-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg's fortune has ballooned by about $70 billion this year. The Meta CEO is now worth $198 billion, up from $128 billion at the start of the year. The Meta cofounder and CEO has become $70.3 billion richer this year, boosting his net worth to $198 billion, according to the Bloomberg Billionaires Index. Zuckerberg now ranks third on the rich list, ahead of LVMH CEO Bernard Arnault (worth $183 billion) and Oracle's Larry Ellison (worth $179 billion). AdvertisementHowever, Huang's fortune has grown by $59.4 billion to $103 billion this year, with Nvidia stock up 144% since the start of January.

Persons: Mark Zuckerberg's, Nvidia's Jensen Huang, —, Mark Zuckerberg, Jensen Huang, Zuckerberg, Bernard Arnault, Larry Ellison, Huang Organizations: Service, Bloomberg, Nvidia, Meta Locations: Meta

☆ Oracle's Larry Ellison is now the world's 4th-richest person after a $57 billion wealth surge this year
▼ + stars: | 2024-09-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Larry Ellison surged past LVMH chief Bernard Arnault to become the world's fourth-richest person. Oracle's cofounder is worth $181 billion after gaining nearly $58 billion this year, per Bloomberg. Go to newsletter preferences Thanks for signing up! AdvertisementLarry Ellison has overtaken Bernard Arnault to become the world's fourth-richest person with a $181 billion fortune. His net worth has soared by $57.8 billion since then, making him the third-biggest wealth gainer after Meta CEO Mark Zuckerberg, up $61.4 billion, and Nvidia CEO Jensen Huang, up $58.5 billion.

Persons: Larry Ellison, Bernard Arnault, —, leapfrogged, Ellison, Mark Zuckerberg, Jensen Huang Organizations: Bloomberg, Service, Nvidia, Business

☆ It took Larry Ellison just a single day to make enough money to buy Paramount
▼ + stars: | 2024-09-17 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Oracle stock is surging because of AI. That means Oracle cofounder Larry Ellison's net worth is surging. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Even though investors are starting to wonder about all the money companies like Google are spending on AI, they are excited about what all that spending means for Oracle's cloud and database revenue.

Persons: Larry Ellison's, Ellison, David ., — Organizations: Paramount, Service, Google

☆ Larry Ellison says he and Elon Musk 'begged' Jensen Huang for GPUs over dinner
▼ + stars: | 2024-09-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Larry Ellison said he and Elon Musk begged Nvidia's Jensen Huang for more GPUs at a dinner. Ellison also discussed Oracle's AI ambitions, including building a supercomputer with Nvidia GPUs. AdvertisementLarry Ellison really, really wants to get his hands on more Nvidia GPUs. The Oracle cofounder and chairman said he had dinner with Elon Musk and Nvidia chief Jensen Huang at Nobu in Palo Alto, where the longtime friends were "begging" Huang for GPUs. On Oracle's earnings call last week, Ellison said: "I would describe the dinner as me and Elon begging Jensen for GPUs."

Persons: Larry Ellison, Elon Musk, Nvidia's Jensen Huang, Ellison, —, Jensen Huang, Huang, Elon, Jensen Organizations: Nvidia, Service, Oracle, Business Locations: Nobu, Palo Alto

☆ 80-year-old billionaire Larry Ellison wins plaudits for looking 30 years younger, with longevity fanatic Bryan Johnson weighing in
▼ + stars: | 2024-09-16 | by ( Nora Redmond | ) www.businessinsider.com time to read: +1 min

Larry Ellison, the cofounder of Oracle, is praised for looking 30 years younger at age 80. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLarry Ellison is winning praise online for looking far younger than his age. "Ellison, now 80, is doing a good job managing biological aging," Johnson, founder of payments company Braintree, wrote on X.

Persons: Larry Ellison, Antiaging, Bryan Johnson, —, Ellison, Johnson Organizations: Oracle, Service, Business Locations: Braintree

☆ Larry Ellison becomes world's second-richest man, dethroning Jeff Bezos as Oracle stock surges
▼ + stars: | 2024-09-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. Oracle shares surged more than 6% on Monday, continuing their recently rally and propelling Chairman Larry Ellison to become the world's second-richest person, snatching the title from Amazon founder Jeff Bezos. Bezos, who had been the second-richest person on and off since 2016, is worth $202 billion. The stock surge caused Ellison to briefly pass Bezos as the world's second-richest person on Friday, before the Amazon founder reclaimed the title. Oracle said last week that it would partner with Amazon's cloud computing unit to enable its database services on dedicated hardware.

Persons: Larry Ellison, Jeff Bezos, Forbes, Elon Musk, Ellison, Bezos, Oracle, — CNBC's Jordan Novet, Ari Levy Organizations: Oracle Corp, Oracle, Amazon, Microsoft, Google Locations: San Francisco

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