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 and OpenAI to back major UK investment in artificial intelligence
- OpenAI and Microsoft sketch out deal to unlock for-profit restructuring
- Paramount Skydance prepares bid to acquire Warner Bros Discovery
- UK health officials seek to reopen drug-pricing talks amid fallout from Merck exit
Overview
- OpenAI's Sam Altman and Nvidia's NVDA.O 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.O to overhaul its structure and unlock an eventual public listing.
- Paramount Skydance PSKY.O is preparing a bid to buy Warner Bros Discovery WBD.O with funding backed by Oracle’s ORCL.N 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.N surprise scrapping of a 1 billion pounds ($1.36 billion) research centre in London.
($1 = 0.7376 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))