Oracle’s $300 billion deal with OpenAI briefly knocked Elon Musk off the world’s richest person spot, replaced instead by the company’s head honcho, Larry Ellison
via wsj.com
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OpenAI has signed a contract with Oracle to purchase $300 billion worth of computing power over the next five years, according to sources at The Wall Street Journal. News of the deal caused Oracle’s share price to surge by as much as 43% on Wednesday, increasing CEO Larry Ellison’s wealth by an estimated $100 billion—and […]