Tags: Investment

Ellison's Fortune Plunges $104 Billion, Drops to World's 8th Richest on Oracle AI Investment

AI

Ellison's Fortune Plunges $104 Billion, Drops to World's 8th Richest on Oracle AI Investment

Concern over Oracle's massive AI infrastructure investment has cut Larry Ellison's fortune by $104 billion, dropping him from 2nd to 8th richest in the world.

August 16, 2026

AI-Focused Hedge Fund Invests $400 Million in Chip Startup

AI

AI-Focused Hedge Fund Invests $400 Million in Chip Startup

AI-focused hedge fund Situational Awareness adds $400M investment in chip startup Source Foundry, bringing cumulative total to $500M.

August 10, 2026

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