Lately, there's one man whose name is seemingly everywhere.

Larry Ellison is now the richest person in the world.

It's going to come from Larry Ellison.

Allison adding over $100 billion to his net worth just a...

Larry Ellison.

He's the 81-year-old founder of the software company Oracle.

And though he's been known around Silicon Valley for decades,

he's not what you'd call a household name.

A lot of people forgot about Larry Ellison,

and that's just because Oracle, his company,

hasn't really been very relevant until recently.

Our colleague Sebastian Herrera covers the tech industry.

And he says that now Oracle is very relevant,

especially after the company announced last week

that it had signed a bunch of massive AI deals.

OpenAI has signed a $300 billion deal with Oracle for cloud computing power.

After the announcement, the company's stock spiked, briefly making Ellison the richest man in the world.

But that's not the only thing he's been up to.

Ellison also recently became a big Hollywood player

after he helped finance the purchase of the entertainment conglomerate Paramount.

On top of all that, he's also been getting into the social media game.

Oracle is finalizing a deal to become one of the new owners of TikTok's U.S. business.

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