Oracle’s $300 Billion OpenAI Bet Backfires: Stock Slump Erases $130 Billion From Larry Ellison’s Fortune
Published: November 25, 2025 Oracle’s spectacular AI-driven rally has flipped into an equally dramatic hangover. Just weeks after Larry Ellison briefly claimed the title of world’s richest person on the back of a $300 billion cloud deal with OpenAI, Oracle’s share