Can the software giant’s winning streak last?
AT 78 LARRY ELLISON, co-founder and chairman of Oracle, is still brimming with energy. During the business-software firm’s latest quarterly earnings call on June 12th the septuagenarian rhapsodised about artificial intelligence (AI) and the latest cloud-computing technology. He has good reason to be in high spirits. Over the past year Mr Ellison’s wealth has rocketed to more than $150bn, according to Forbes, a magazine that tracks such things, on the back of Oracle’s soaring share price. Mr Ellison has now edged past Jeff Bezos, the founder of Amazon, as the world’s third-richest man.
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This article appeared in the Business section of the print edition under the headline “Ahead in the clouds”
From the June 17th 2023 edition
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