Oracle founder Larry Ellison briefly passes Elon Musk to become the world's richest man—and he has Nvidia CEO Jensen Huang to thank for that

Oracle founder Larry Ellison briefly passes Elon Musk to become the world’s richest man—and he has Nvidia CEO Jensen Huang to thank for that

Good morning. It’s Jeremy here, filling in for Andrew, who is now on paternity leave for a bit. So you’ll see a rotating cast of Fortune tech journalists writing this newsletter for a few weeks. Fortune Brainstorm Tech wrapped yesterday. Here were a few highlights from the final day of the conference: Tom Hale, the…

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Nvidia, Snowflake, Nebius and CoreWeave Surges as AI Deal Sparks Rally

Nvidia, Snowflake, Nebius and CoreWeave Surges as AI Deal Sparks Rally

This article first appeared on GuruFocus. Sep 9 – Artificial intelligence (AI) stocks stayed in the spotlight Tuesday as Nebius Group (NASDAQ:NBIS) unveiled a multibillion-dollar contract with Microsoft (NASDAQ:MSFT) while investors looked ahead to Oracle’s (NYSE:ORCL) quarterly results. Nebius said it struck a $17.4 billion deal to supply AI infrastructure to Microsoft over the next…

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Nebius Shares Surge on $17.4 Billion AI Infrastructure Deal With Microsoft

This article first appeared on GuruFocus. Nvidia (NVDA)-backed Nebius Group (NASDAQ:NBIS) said Monday it reached a $17.4 billion agreement to provide Microsoft (NASDAQ:MSFT) with GPU infrastructure capacity, sending its shares up more than 47% in after-hours trading. The five-year contract, which could increase to $19.4 billion if Microsoft opts for additional services, underscores rising demand…

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This tech giant to build Hindi AI chatbots, set to hire US-based contractors; not OpenAI, Microsoft, Google, it is...

This tech giant to build Hindi AI chatbots, set to hire US-based contractors; not OpenAI, Microsoft, Google, it is…

US-based contractors are being recruited through staffing firms like Crystal Equation and Aquent Talent. The work mainly focuses on creating characters for chatbots that will operate across Instagram, Messenger, and WhatsApp. Know which tech giant is developing Hindi AI chatbot? Meta is reportedly hiring contractors in the United States at rates of up to $55…

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Why Microsoft (MSFT) Stock Is Down Today

Why Microsoft (MSFT) Stock Is Down Today

Shares of technology giant Microsoft (NASDAQ:MSFT) fell 2.6% in the afternoon session after disclosure that CEO Satya Nadella sold a significant amount of company stock, compounding a broader sell-off in the technology sector. According to a regulatory filing, Nadella offloaded $75.3 million worth of Microsoft shares on September 3 as part of a pre-arranged trading…

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Microsoft Strips OneDrive Features from Microsoft 365 Copilot App, Forcing Users to Separate Apps

Microsoft is removing core file management tools from its Microsoft 365 Copilot app on iPhone and iPad. An official roadmap update confirms the change, which will redirect users to the separate OneDrive app for most file tasks. This includes browsing folders, setting permissions, and downloading files. The update is planned for mid-October and follows a…

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