Oracle chairman Larry Ellison and Nvidia CEO Jensen Huang lost tens of billions on paper as shares of their AI-focused companies suffered as DeepSeek sent a chill through Silicon Valley.

US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.

Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.

Zuckerberg expects to invest as much as $65 billion to further Meta’s AI ambitions, which includes a data center ‘so large it would cover a significant part of Manhattan.’

Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.

What is Larry Ellison's net worth in 2025? What are the secrets behind the 80-year-old from New York City, who is currently considered the second-wealthiest man in the world behind

Washington (AFP) – US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison ...

The world’s 500 richest people, led by Nvidia Corp co-founder Jensen Huang, lost a combined US$108bil as a tech-led sell-off tied to Chinese artificial intelligence (AI) developer DeepSeek sent major indices plunging.

Landscape Was Shaken This Week When a Chinese Start-up, DeepSeek, Unveiled a New Model in the Field That Seems to Rival the Capabilities of US Giants OpenAI and Google, But Doesn't Have as Powerful Hardware.

The sell-off was triggered by Chinese AI developer DeepSeek, whose model requires less than $6 million worth of computing power from Nvidia H800 chips.

On Monday, the global tech market took a significant hit, with the collective wealth of the world’s 500 richest individuals plummeting by $108 billion. The primary driver of this loss was a sudden market shift triggered by DeepSeek,

One day after being sworn in as the 47th president of the United States, Donald Trump revealed the creation of Stargate, a company dedicated to investing $500 billion in AI infrastructure in America.