Oracle chairman Larry Ellison and Nvidia CEO Jensen Huang lost tens of billions on paper as shares of their AI-focused ...
Larry Ellison, the Oracle (NYSE:ORCL) co-founder and one of the richest people on the planet, watched $22.6 billion disappear ...
Nvidia co-founder Jensen Huang's wealth dropped $20.1 billion as Nvidia shares fell 17% amid fears that DeepSeek's low-cost ...
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined $US108 billion ($172 billion) on ...
The American markets were spooked by the DeepSeek AI storm on Monday, January 27. While Dow Jones closed in green with minor gains, the tech-heavy Nasdaq closed with colossal losses of 612.47 points, ...
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence.
A tech selloff led by Chinese AI developer DeepSeek erased $108 billion from the wealth of the world’s richest, with Nvidia’s ...
President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by ...
Hangzhou-based DeepSeek has been developing AI models since 2023, but the company first came onto the radar of many Western investors this weekend as its free DeepSeek R1 chatbot app topped download c ...
First up, Nvidia, which was one of the biggest casualties ... However, Huang was not the biggest loser. Oracle founder Larry Ellison, who was last seen with US President Donald Trump, signing ...
Tech billionaires lost around $100 billion as Chinese AI disruptor DeepSeek challenges Silicon Valley with a low-cost chatbot ...
From left: Masayoshi Son, chairman and CEO of SoftBank; Larry Ellison, executive chairman of Oracle; and Sam Altman, CEO of OpenAI listen to President Trump speak at the White House on Jan. 21 ...