Larry Ellison, Jeff Bezos Lose $66B as AI Slump Triggers Tech Billionaire Wealth Rout

The tech industry witnessed a dramatic shift as the wealth of several top tech billionaires plummeted due to fears over the AI bubble and fluctuating valuations. Larry Ellison, co-founder of Oracle, ...

Larry Ellison and Jeff Bezos have seen more than $66 billion swiped from their net worths since the start of this year as AI-driven slump sees tech billionaires’ wealth free-fall

AI bubble fears have led to billions erased from tech CEOs’ net worth overnight—and Oracle founder Larry Ellison has been hit the hardest this year.

Bernie Sanders Questions Jeff Bezos' Motives Over Amazon's $200 Billion AI Spending: 'What A Surprise'

On Thursday, Sen. Bernie Sanders (I-Vt.) targeted Jeff Bezos, noting Amazon.com, Inc.'s AMZN planned $200 billion investment in artificial intelligence and robotics. Sanders Targets Amazon's AI And ...