Sept 12 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Headlines
- Nvidia ( NVDA ) and OpenAI to back major UK investment in
artificial intelligence
- OpenAI and Microsoft ( MSFT ) sketch out deal to unlock for-profit
restructuring
- Paramount Skydance ( PSKY ) prepares bid to acquire Warner Bros
Discovery ( WBD )
- UK health officials seek to reopen drug-pricing talks amid
fallout from Merck ( MRK ) exit
Overview
- OpenAI's Sam Altman and Nvidia's ( NVDA ) Jensen Huang
will announce a large artificial intelligence infrastructure
investment deal in the UK next week as they accompany U.S.
President Donald Trump on his state visit.
- OpenAI has said it plans to give its non-profit parent an
equity stake worth at least $100 billion in the ChatGPT maker,
as it announced progress in talks with Microsoft ( MSFT ) to
overhaul its structure and unlock an eventual public listing.
- Paramount Skydance ( PSKY ) is preparing a bid to buy
Warner Bros Discovery ( WBD ) with funding backed by Oracle's
Larry Ellison, in a deal that would combine two top
media conglomerates.
- Officials in Britain's health department are seeking to
reopen talks with the pharmaceutical sector over drug pricing
and market access, as recriminations fly about U.S. drugmaker
Merck's ( MRK ) surprise scrapping of a 1 billion pounds ($1.36
billion) research centre in London.
($1 = 0.7376 pounds)
(Compiled by Bengaluru newsroom)