NEW: The White House is upping the ante in its war against state-led AI regulation - this time warning a Republican legislature to kill a safety bill it sees as burdensome to American companies.
as.ft.com/r/3f8d92cc-3...
FT readers contribute: "(f)rpo's (forever) remaining performance obligations [until cancelled]"
Oracle slightly living down to investor worries over AI: higher than expected capex, lower than expected revenues.
Shares down in afterhours, @rafeuddin.ft.com reports
www.ft.com/content/3633...
New: Big Tech is spending billions on data centres in the US to train and deploy AI models. But these plans could fail due to a power bottleneck.
w/ @financialtimes.com visual storytelling and energy colleagues.
Full article: ig.ft.com/ai-power/
I've been working with colleagues for several months to tell the story of Larry Ellison's institute in Oxford. It's a tale of grand vision and turbulent management.
Please reach out on Signal at rafeuddin.01 or via email at rafe.uddin@ft.com if you have relevant information.
on.ft.com/4pkBtF2
Breaking news: Amazon’s cloud business was hit by an outage on Monday. Websites including Snapchat, Lloyds Bank and BT were all suffering from disruption www.ft.com/content/f9d1...
Salesforce boss Benioff walks back Trump praise after widespread backlash on.ft.com/4ojL2n0
Mostly Richard!! We could not confirm which number wife Ellison is now on.
We also wrote about how Oracle reached this point and some of the complications in the deal here: on.ft.com/4n0cu91
NEW: Larry Ellison was back in the spotlight this week with Oracle hitching its wagon to OpenAI with a $300bn five-year deal. Can it deliver? Can the start-up afford it? Investors think so.
Fun to help Richard Waters on the @financialtimes.com Person in the News. on.ft.com/46eLlIj
NEW: Earlier this year the FT launched an investigation into UK City Minister Tulip Siddiq’s links to alleged embezzlement in Bangladesh.
Our investigation contributed to her resignation, but also invited us to take a deeper look at the alleged looting of billions of dollars.
on.ft.com/4pjqCMi
I had a lot of fun dragging a cofounder to go and catch Cofounders the Musical. A show that reminds audiences that trillions of dollars in market cap runs on cringe.
Column includes thoughts from show-backer Reid Hoffman and co-writer Ryan Nicole Austin.
NEW: During a hearing in London, Meta sought to block the disclosure of docs in a employment tribunal.
Following a application by the FT, we were able to report claims Meta inflated its ad performance and bypassed Apple’s privacy rules. w/@mshannahmurphy.bsky.social
on.ft.com/4mBbAQf
New visual story: Inside the relentless race for AI capacity
The quest for superintelligence is spurring a data centre boom — but critics question the cost, environmental impact and whether it is all needed
ig.ft.com/ai-data-cent...
The FT's Visual Storytelling team has published the first part in a trilogy exploring the relentless race for AI capacity and the data centres at the heart of hundreds of billions of dollars in capital investment.
It's a tale of breathless ambition: ig.ft.com/ai-data-cent...
We've encouraged recent visitors to the FT's San Francisco bureau to hail a ride with Waymo. The experience is proving popular in the tech-forward city but how will robotaxis meaningfully scale across the globe?
Story with @tim.fo and Stephen Morris
on.ft.com/4lKMy0P
Uber agrees multibillion deal with Lucid for electric robotaxi fleet https://on.ft.com/3GTjvIZ
NEW: Google is expected to agree a discount deal with the General Services Administration over current cloud contracts. Amazon and Microsoft to follow suit as Trump presses Big Tech, according to a senior GSA official.
Story with @joemillerjr.ft.com and Stephen Morris
NEW: Amazon is discussing plans to invest billions more into AI start-up Anthropic as it tries to position itself ahead of Google and capitalise on Microsoft’s fraying OpenAI relationship.
Story with @criddle.bsky.social and @georgehammond.bsky.social
NEW: Tony Blair's staff took part in a BCG project for the redevelopment of Gaza along the lines of the 'Trump Riviera' plan www.ft.com/content/0b1b...
SCOOP! Sachin Duggal, founder and "chief wizard" of the now defunct tech unicorn Builder.ai, made $20mn from selling shares in the company
Builder.ai collapsed last month, after raising half a billion dollars, when revenues had to be dramatically restated
With @bondhack.ft.com
on.ft.com/4k8t44A
After months of reporting (and even my own attempt at a jiu jitsu class), my FT Magazine cover story on Mark Zuckerberg’s metamorphosis to red-blooded “Maga Mark” is out!
Is this political expediency, a midlife crisis or who Zuck has been all along?
on.ft.com/4nsoktx
EXC: Microsoft has considered walking away from talks with OpenAI over the future of their partnership, instead sitting on a favourable contract that runs until 2030.
Story from @criddle.bsky.social, @tabbykinder.bsky.social and @georgehammond.bsky.social
on.ft.com/3ZCHyCp
Barbie-maker Mattel partners with OpenAI to make artificial intelligence child’s play
https://www.ft.com/content/7a9d0c47-5294-46b7-9d06-181654129d43
Oracle shares jump after upbeat forecast for cloud division
https://www.ft.com/content/dadc5cbe-67a5-44c9-9b7b-5c23bf4e77ee
Microsoft to rank ‘safety’ of AI models sold to cloud customers
https://www.ft.com/content/02f39b33-fa6e-4bb7-b1f4-8171b50738af
Triumphing under Trump: the corporate winners and losers
https://www.ft.com/content/368586a4-80e6-4715-b56e-dd63f8c7df59
Uber looks to be readying for life after Dara Khosrowshahi, but one former executive tells the FT that they can't conceive of a business where he might hold the same amount of control.
