Larry Ellison, the founder and chairman of software giant Oracle, is the latest tech entrepreneur to reap the rewards of the A.I. boom. The billionaire is currently the world’s third wealthiest person and briefly surpassed Amazon (AMZN) founder Jeff Bezos as the second richest person this week (behind Elon Musk ).

Oracle Chairman and co-founder Larry Ellison is nipping at Amazon founder Jeff Bezos’ heels, and it isn’t over artificial intelligence.Instead, Ellison, who is also Oracle’s chief technology officer,

Speaking to financial analysts during a Q&A session, Oracle CEO Larry Ellison suggested that AI will power mass surveillance networks in the future.