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Oracle's Larry Ellison becomes 2nd richest person and godmother of AI comes out of stealth with $230M 🤝

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The Venture
September 16, 2024

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Oracle's Larry Ellison briefly tops Jeff Bezos to become world's second-richest person

Oracle is on pace for its best week since 2021, and the rally lifted founder Larry Ellison's net worth past Jeff Bezos for a brief period on Friday.

www.cnbc.com/2024/09/13/larry-ellison-briefly-passes-jeff-bezos-as-worlds-second-richest-man.html

Every fusion startup that has raised over $300M | TechCrunch

Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies. 

techcrunch.com/2024/09/14/every-fusion-startup-that-has-raised-over-300m

OpenAI could shake up its nonprofit structure next year | TechCrunch

It’s looking increasingly likely that OpenAI will soon alter its complex corporate structure. Reports earlier this week suggested that the AI company was

techcrunch.com/2024/09/14/openai-could-shake-up-its-nonprofit-structure-next-year

MicroStrategy stock pops 8% after company ups bitcoin holdings to $14.6 billion

MicroStrategy founder Michael Saylor said on Friday that his company purchased an additional $1.1 billion worth of bitcoin.

www.cnbc.com/2024/09/13/microstrategy-pops-8percent-after-upping-bitcoin-holdings-to-14point6-billion.html

Tiger Global plans to join OpenAI’s funding round at more than $150 billion valuation

Tiger Global is planning to join OpenAI's buzzy new funding round that would value the AI startup at more than $150 billion.

www.cnbc.com/2024/09/13/tiger-global-plans-to-join-openais-latest-funding-round-which-would-value-it-at-more-than-150-billion.html

Fei-Fei Li's World Labs comes out of stealth with $230M in funding | TechCrunch

Fei-Fei Li, the Stanford professor many deem the “Godmother of AI,” has raised $230 million for her new startup, World Labs, from backers including

techcrunch.com/2024/09/13/fei-fei-lis-world-labs-comes-out-of-stealth-with-230m-in-funding

Fintech Bolt is buying out the investor suing over Ryan Breslow's $30M loan | TechCrunch

Bolt says it has settled its long-standing lawsuit with its investor Activant Capital. One-click payments startup Bolt is settling the suit by buying out

techcrunch.com/2024/09/13/fintech-bolt-is-buying-out-the-investor-suing-over-ryan-breslows-30m-loan