Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...

Larry Ellison, executive chair and chief technology officer, founded Oracle Corp. (NYSE: ORCL) in 1977. Recently, it has become a tech behemoth, largely because of its key position in the burgeoning ...