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OpenAI signs $30bn data centre deal with Oracle

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI has agreed to lease 4.5 gigawatts of computing power from Oracle in a deal worth around $30bn a year that is one of the largest cloud agreements to date for artificial intelligence. The deal … Read more

Oracle shares hit record high on $30bn cloud contract

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle shares soared to a record high, as the database giant announced a $30bn cloud computing contract worth nearly triple the annual revenue it generates from its fastest-growing division. The tech group, which is valued … Read more

Google parent Alphabet in talks to buy cyber security group Wiz for $30bn

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google parent Alphabet is in talks to buy cyber security start-up Wiz for about $30bn, setting the stage for the biggest acquisition in the search giant’s history, according to people familiar with the matter. Alphabet … Read more

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