Oracle Larry Ellison founder passes for Eileon Musk to become the richest man in the world – and has the CEO of Nvidia Jensen Huang to thank that for that for that

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Good morning. It is Jeremy here, Andrew, who is now a little paternity leave. So you will see a roundabout from luck Technical journalists write this newsletter for a few weeks.

Fortune Brainstorm Tech wrapped yesterday. There were some prominent points from the last day of the conference:

  • Tom Hill, CEO of Ura, He said to the public Although the total sales that can be worn are flat or even a decrease, sales of the smart ring of his company have multiplied more than weakness in the past year. Especially popular with an Amnesty International health trainer who analyzes data from the episode and provides allocating suggestions for wellness.
  • Neil Vogel, CEO of Pubsher People Inc. – Which includes nicknames, people, foods and foods –Google said it is the worst When it comes to compensation for publishers to use their content to train and improve artificial intelligence models. The search giant refused a license to have content from news institutions and publishers, while other artificial intelligence laboratories have made licensing deals. “Some artificial intelligence stores are good actors. Openai is a good man,” said Vogel. “The worst man is Google.”
  • Hayden Brown, CEO of UpWork, He said After the start of this summer, the recruitment site witnessed a clear shift in the most important qualifications that employers were looking for for job candidates. As soon as they preferred deep artistic knowledge, they are increasingly looking for soft skills and skills of people as artificial intelligence automated some technical works and makes it easy for technical employees to complete technical tasks.

Meanwhile, the technology world talks about the huge market gains in Oracle, which strengthened the founder of Oracle, Chairman of the Board of Directors and chief technology employees, Larry Ellison, which allowed him to overcome Elon Musk to demand the title of the richest man in the world. The Oracle shares assistance was to announce a huge deal worth $ 300 billion with Openai to provide AI with the ability of the data center. (Now we know why Openai tells investors that it will burn through $ 115 billion in cash by 2029.) Of course, and the only reason that makes Oracle in this position return to ELLIL3ON with the CEO of Nvidia Jensen Huang, which allowed his company, which was previously Cloud-Fack Cloud, to secure a huge set of letter Nvidia GPUS. More about Ellison’s high fortunes below.

Buy now, the general subscription is launched in Fintech Klarna, with the company’s 15 % shares gain on the opening day. (Whether the “Pop opening” is a good thing, it is a discussion for another day. It seems that the financial professor has often lost the argument, as bankers convince companies that the lost money from shares deserves its weight in marketing and investing from the opening day of the opening.)

Beatrice Nolan also has more in Sam -German’s sitting with conservative broadcaster Taker Carlson. While Altman said that a number of interesting things – most of them said before – the real news was the fact that Atlman felt the need to do Podcast Carlson in the first place. Clear Openai Reports were seen that the Maga crowd was unhappy With President Donald Trump’s comfortable relationship with the largest Silicon Valley players and hopes to win them.

The Maga Wing of the Republican Party looks at artificial intelligence companies at best at best, and in the worst case, frankly contempt, and its vision as waking up to the coastal strongholds of the left wings, and models of models in the superior silicon valley, the concession, pressure, and escape from the opinion. You can see Carlson Press Altman on these points all over the podcast, while altman, often tries to calm the introduction of Carlson’s questions, or make sure that Carlson is not really an ideological distance as it seems that Carlson assumes. All of this is from the Kirgi (especially facial expressions in Carlson). However, despite the returned factors, it is possible that it is worth seeing, if getting a deeper feeling of causes does not trust the silicon valley in general and AI in particular.

Well, here is more technical news.

Jeremy Khan

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A short period Larry Ellison as the richest man in the world

Oracle founder, Chairman and CTO Larry Ellson.

Oracle’s arrival revenue forecasts, and Elson’s net value on Wednesday were sent. It was bad news for ancient friend Elon Musk, who was achieved by nearly a year as the richest man in the world brief end. (Oracle Stock fell slightly before closing, allowing Musk to recover the address.)

Oracle’s strong quarterly results added a large amount of $ 101 billion to Elson’s wealth at some point, which increased his wealth to $ 393 billion and jumped over 385 billion dollars from Musk, according to the Bloomberg’s Billionairs Index. The amazing increase was the largest increase in one day ever by the indicator.

Oracle shares rose 36 % on Wednesday-I informed the largest increase in the company for one day-after the executive officials reported explosion reservations and gave a cloud of difficulties. The march adds to 45 % earning the company that has already achieved this year.

the Wall Street Journal I mentioned that the majority of the new revenues will come from Openai, which has fallen amazing A cloud agreement of $ 300 billion With Oracle. AI will click on the Oracle computing infrastructure under a billion dollar deal, and it is one of the largest cloud contracts ever. The commitment exceeds the current Openai revenue.

Oracle’s revenues were shocked by analysts who were told CNBC She was “Get away” and “all kinds of shock”. Some, however, They urge caution, Warning of unprecedented success made stocks exaggerated.

Beatrice Nolan

Frost Nixon for German Carlson

The couple also discussed Openai Elon Musk, where Altman said that he “now feels a different way” towards the man who saw him “an incredible hero.” maybe Because of the lawsuitsOr x sapats.

In one tense moment, when the husband discussed Openai Whistleblower Suchir BalajiHe asked Al -Taman if Karlson was accused of killing after the Bodcast Host announced the death, which the authorities ruled that he committed suicide, “definitely killing.”

“I did not have many interviews as I was accused of death,” Altman said.

Publishing Nolan

What, do you mean that the difference is not as good as its existence?

Microsoft coordinates the hybrid work policy.

The technology giant commits at least three days in the office per week for employees who start in February 2026, According to Business Insider Report.

Politics will first apply to the Seattle region employees, and later expanding in the country and global. The workers until September 19 to request exceptions. Microsoft has launched a flexible work policy after reopening offices from closing the epidemic, as employees were allowed to work from home to half the time without official approval.

This step follows similar steps from adult technology competitors including Meta and Google, which already imposes similar RTO rules. A tougher approach comes as the company increases pressure on employees, and re -forms performance expectations in an attempt to prepare for the next stage of the growth moved by artificial intelligence.

Employees of Amnesty International at Microsoft will face, led by Deepmind Mustafa Soleyman, equally More strict requirements: Four days a week on the site starting in January 2026, with exceptions granted only at the highest levels.

Publishing Nolan

Pop goes to Swedish technology

Sophistication 15 % in its commercial appearance on Wednesday.

Fintech shares born in Swedish closed at $ 45.82, and 15 % higher than the offer price of $ 40. CEO Sebastian Simiakovski, framed the list as evidence that Claarna exceeds the purchase, so pay to The broader banking productsEven if the company value decreases much lower than its peak 2021.

The closure price is estimated at more than $ 17 billion based on its suspended shares, with the addition of stock options and shares orders to this number a little. the For the first time for the company It also made dozens of millions of employees and their billionaire owners.

The menu arrives in a recovery in the public subscription market, which was under pressure, with companies including for the first time in Figma with strong offers. The appearance of Klarna was not the same as spraying as Figma’s in July, which saw more than three times the offer price.

Publishing Nolan

More technology

Meta and Tiktok score a victory for the technology fees in the European Union. But they will not get any money while officials re -formulate the tax.

Apple’s new artificial intelligence guidelines are a Trump friend. The company put the Dei mark as a “controversial” topic.

Reddit removes the number of subscribers from Subreddits. The statute will turn into the display of active general public.

Amazon -owned Zoox launches the public service in Las Vegas. It is limited to the pick -up and the decreases in a specific number of previously approved sites.

This is the web version of Fortune Tech, a daily news message that dismantles the largest players and stories that make up the future. subscription To get it free to your inbox.



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