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Rafe Uddin

@rafeuddin.ft.com
4.9K followers 496 following 54 posts

FT San Francisco Correspondent | Signal: rafeuddin.01 | Tips: rafe.uddin@ft.com

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Reposted by Rafe Uddin
Ian Smith @iankmsmith.ft.com · 10/12/2025
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...
ft.com
Oracle shares slide as data centre spending mounts
Larry Ellison’s company is investing billions to supply huge amounts of computing power to AI groups such as OpenAI
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Rafe Uddin @rafeuddin.ft.com · 08/12/2025
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/
ig.ft.com
The power crunch threatening America’s AI ambitions
A lack of electricity for new data centres could deflate the AI ‘bubble’
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Rafe Uddin @rafeuddin.ft.com · 18/11/2025
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
on.ft.com
Larry Ellison scales back £10bn Oxford science institute in leadership rift
[FREE TO READ] Trump-supporting billionaire narrows EIT’s ambitions by cutting initiatives and tightening control
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 20/10/2025
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...
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Financial Times @financialtimes.com · 17/10/2025
Salesforce boss Benioff walks back Trump praise after widespread backlash on.ft.com/4ojL2n0
on.ft.com
Salesforce boss Benioff walks back Trump praise after widespread backlash
Venture capitalist Ron Conway resigns from board of company’s philanthropic arm in protest at comments
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Rafe Uddin @rafeuddin.ft.com · 12/09/2025
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
on.ft.com
Larry Ellison, the tech world’s great survivor
[FREE TO READ] At 81, Oracle’s co-founder has reinvented himself as a power in AI to become (briefly) the richest person in the world
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Rafe Uddin @rafeuddin.ft.com · 11/09/2025
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
on.ft.com
Bangladesh’s missing billions, stolen in plain sight | FT Film
[FREE TO READ] Over $200bn was allegedly plundered from Bangladesh during Sheikh Hasina’s time as prime minister
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Rafe Uddin @rafeuddin.ft.com · 26/08/2025
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.
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Rafe Uddin @rafeuddin.ft.com · 21/08/2025
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
on.ft.com
Meta inflated ad performance and bypassed Apple’s privacy rules, tribunal hears
[FREE TO READ] Former product manager alleges social media platform misled marketers in push for revenues
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Nassos Stylianou @nassosstylianou.bsky.social · 31/07/2025
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...
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Rafe Uddin @rafeuddin.ft.com · 31/07/2025
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...
ig.ft.com
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
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Rafe Uddin @rafeuddin.ft.com · 24/07/2025
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
on.ft.com
What will it take for robotaxis to go global?
[FREE TO READ] The concept has been proved, but scaling up services beyond a handful of cities will require tens of billions in new investment
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 17/07/2025
Uber agrees multibillion deal with Lucid for electric robotaxi fleet on.ft.com/3GTjvIZ
on.ft.com
Uber agrees multibillion-dollar deal with Lucid for electric robotaxi fleet
Ride-hailing app to buy 20,000 EVs and invest $300mn in Lucid alongside partnership with self-driving start-up Nuro
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Rafe Uddin @rafeuddin.ft.com · 11/07/2025
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
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Rafe Uddin @rafeuddin.ft.com · 10/07/2025
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
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Reposted by Rafe Uddin
Matthew Garrahan @mattgarrahan.bsky.social · 06/07/2025
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...
ft.com
Tony Blair’s staff took part in ‘Gaza Riviera’ project with BCG
Former UK prime minister’s institute participated in meetings on plan to turn shattered enclave into trading hub
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Reposted by Rafe Uddin
Alexandra Heal @alexandraheal.bsky.social · 25/06/2025
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
on.ft.com
Builder.ai ‘Chief Wizard’ Sachin Dev Duggal made $20mn in share sales
[FREE TO READ] Former chief executive of collapsed Microsoft-backed start-up also borrowed against holdings
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Reposted by Rafe Uddin
Hannah Murphy @mshannahmurphy.bsky.social · 20/06/2025
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
on.ft.com
How Mark Zuckerberg unleashed his inner brawler
[FREE TO READ] The boss’s transformation shocked liberals at Meta, but his closest allies say this is who he was all along
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Rafe Uddin @rafeuddin.ft.com · 18/06/2025
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
on.ft.com
Microsoft prepared to walk away from high-stakes OpenAI talks
[FREE TO READ] ChatGPT maker’s plans to convert into a for-profit leads software giant to make contingency plans
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 12/06/2025
Barbie-maker Mattel partners with OpenAI to make artificial intelligence child’s play www.ft.com/content/7a9d0c47-5294-46…
ft.com
Barbie-maker Mattel partners with OpenAI to make artificial intelligence child’s play
Toymaker and tech group team up to ‘bring the magic of AI to age-appropriate play experiences’
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Financial Times @financialtimes.com · 11/06/2025
Oracle shares jump after upbeat forecast for cloud division www.ft.com/content/dadc5cbe-67a5-44…
ft.com
Oracle shares jump after upbeat forecast for cloud division
Chief says cloud infrastructure business was expected to grow more than 70% in the next fiscal year
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 07/06/2025
Microsoft to rank ‘safety’ of AI models sold to cloud customers www.ft.com/content/02f39b33-fa6e-4b…
ft.com
Microsoft to rank ‘safety’ of AI models sold to cloud customers
Tech group’s corporate clients use its ‘leaderboard’ to assess rival offerings by likes of OpenAI and Elon Musk’s xAI
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 06/06/2025
Triumphing under Trump: the corporate winners and losers www.ft.com/content/368586a4-80e6-47…
ft.com
Triumphing under Trump: the corporate winners and losers
How global companies have fared since the US president’s inauguration
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Rafe Uddin @rafeuddin.ft.com · 02/06/2025
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.
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Reposted by Rafe Uddin
Josh Spero @joshspero.ft.com · 30/05/2025
FT Wealth is out in today’s paper, with a fresh redesign and fabulous stories, from India’s Instagram prince to the chances of a billionaire tax. You can read all the stories here too www.ft.com/ft-wealth
FT Wealth in white font above a picture of a young man in polo gear sitting in a chair on a dry grass field with a dog and a classic car in the background
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 29/05/2025
New York Times agrees first AI deal with Amazon www.ft.com/content/bc73404e-6f01-4b…
ft.com
New York Times agrees first AI deal with Amazon
Paper will license its editorial content to ecommerce giant to train its artificial intelligence models
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Rafe Uddin @rafeuddin.ft.com · 28/05/2025
SpaceX rocket goes boom. Again. on.ft.com/43ii3bN
on.ft.com
SpaceX Starship rocket fails to deploy satellites and explodes on re-entry
[FREE TO READ] Company unable to deploy payload on test flight while part of vehicle explodes on return into the atmosphere
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 27/05/2025
Humanoid robots spark debate about safety, form and function www.ft.com/content/02f72125-dbc9-45…
ft.com
Humanoid robots spark debate about safety, form and function
Demand for humanlike two-legged machines is growing fast
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Rafe Uddin @rafeuddin.ft.com · 25/05/2025
This week various tech chiefs gathered on screen at Microsoft's Build dev conference in Seattle, reflecting how dependent they've become on a half-century-old software giant. The likes of Elon Musk, Sam Altman and Jensen Huang are relying on Microsoft to make AI work.
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 19/05/2025
Microsoft to offer Elon Musk’s xAI models to cloud customers www.ft.com/content/ea49c61c-4ad2-42…
ft.com
Microsoft to offer Elon Musk’s xAI models to cloud customers
Tech giant’s move is latest signal of cooling relations with OpenAI
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 09/05/2025
FT Weekend, the Saturday edition of the Financial Times, is now on Bluesky. Follow us for the best of our journalism, from Life & Arts, HTSI magazine and House & Home to FT Weekend Magazine, FT Money and FT Globetrotter's city guides bsky.app/profile/ftwe...
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 08/05/2025
Billionaire philanthropist Bill Gates said in an interview that Tesla chief Elon Musk had acted through ignorance during what Gates described as misguided cuts to US development assistance www.ft.com/content/bdd9...
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Rafe Uddin @rafeuddin.ft.com · 07/05/2025
NEW: Amazon's Zoox has secured a site in the Bay Area to ramp up production as it seeks to expand in Waymo's backyard in San Francisco. on.ft.com/4d7VPwm
on.ft.com
Amazon’s Zoox to scale up robotaxi production for US expansion
[FREE TO READ] Self-driving start-up is opening a facility in California’s Bay Area to increase its fleet significantly
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 06/05/2025
DoorDash strikes £2.9bn deal for Deliveroo www.ft.com/content/641f2cbc-e7d7-49…
ft.com
DoorDash strikes £2.9bn deal for Deliveroo
Takeover comes after UK company has struggled since going public four years ago
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Rafe Uddin @rafeuddin.ft.com · 05/05/2025
'Escape from Alcatraz' aired on PBS last night. Less than 24 hours later and US President Donald Trump said he would tariff movies made overseas and reopen the notorious prison. Cinema truly moves people.
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 04/05/2025
Chinese exporters ‘wash’ products in third countries to avoid Donald Trump’s tariffs www.ft.com/content/147fddbb-7031-43…
ft.com
Chinese exporters ‘wash’ products in third countries to avoid Donald Trump’s tariffs
Asian neighbours wary of becoming staging posts for trade actually destined for US
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Reposted by Rafe Uddin
Robert Smith @bondhack.ft.com · 03/05/2025
Warren Buffett just announced his retirement! www.ft.com/content/2d8a...
ft.com
Warren Buffett to step down from Berkshire Hathaway after six decades
The ‘Oracle of Omaha’ announces plans to retire from his sprawling conglomerate at annual meeting
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Financial Times @financialtimes.com · 02/05/2025
Jeff Bezos to sell up to $4.75bn in Amazon stock www.ft.com/content/bc4465d2-59ae-41…
ft.com
Jeff Bezos to sell up to $4.75bn in Amazon stock
Latest share sale disclosed after e-commerce giant warns of impact from Donald Trump’s global trade war
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Clara Murray @claradoodle.bsky.social · 02/05/2025
New 📈✍️ with @rafeuddin.ft.com Trump execs suggest robots can fill US manufacturing labour gaps after reshoring. But experts say cost and lack of skilled workers mean companies can't "pivot on a dime". China & Korea's 🤖 booms came after lots of government subsidies. US robots will be tariffed...
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Financial Times @financialtimes.com · 02/05/2025
Microsoft wins Big Tech’s first earnings battle since Donald Trump’s tariffs www.ft.com/content/6ed1f0ed-935a-4b…
ft.com
Microsoft wins Big Tech’s first earnings battle since Donald Trump’s tariffs
Apple and Amazon lose out as trade war threatens to hit hardware and ecommerce hardest
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 01/05/2025
Amazon falls after profit forecast misses expectations www.ft.com/content/fb135172-c94a-40…
ft.com
Amazon falls after profit forecast misses expectations
Ecommerce giant also sets lower sales guidance range below Wall Street forecasts
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 30/04/2025
Microsoft shares jump after software giant’s earnings top forecasts www.ft.com/content/9443ca4b-09c1-4f…
ft.com
Microsoft shares jump after software giant’s earnings top forecasts
Profits rise nearly 20% in March quarter sending stock up nearly 6% after-hours
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 29/04/2025
White House lashes out at ‘hostile and political act by Amazon’ www.ft.com/content/a06e80e7-97d0-4f…
ft.com
White House lashes out at ‘hostile and political act by Amazon’
Spat comes after report alleged the tech giant was planning to display price increases caused by Trump’s tariffs
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Rafe Uddin @rafeuddin.ft.com · 29/04/2025
New: Amazon is pressuring suppliers to cut prices to dampen the impact of tariffs as it races to save its third quarter when a bumper Prime Day sales event is planned. My rundown of the e-commerce giant’s tariff playbook.
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Financial Times @financialtimes.com · 29/04/2025
Amazon’s rival to Starlink makes first satellite launch www.ft.com/content/f9668af9-657c-45…
ft.com
Amazon’s rival to Starlink makes first satellite launch
Project Kuiper aims to compete with Elon Musk’s satellite internet network
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 27/04/2025
Demand slump fuelled by Trump tariffs hits US ports and air freight www.ft.com/content/967a0c1a-6ae5-4d…
ft.com
Demand slump fuelled by Trump tariffs hits US ports and air freight
Bookings plunge as importers hold off on shipping goods to America in hope of Beijing-Washington deal
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Reposted by Rafe Uddin
Sam Learner @samlearner.bsky.social · 28/04/2025
NEW from the team: another look at the supply chain behind the iPhone and why it would be impractical to manufacture in the US: ig.ft.com/us-iphone/
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Reposted by Rafe Uddin
John Reed @johnreedwrites.ft.com · 25/04/2025
Scoop: Apple aims to source all US iPhones from India in pivot away from China on.ft.com/42vIHNX
on.ft.com
Apple aims to source all US iPhones from India in pivot away from China
[FREE TO READ] FT Exclusive: Tech giant plans to shift assembly as soon as next year in response to Donald Trump’s trade war
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Reposted by Rafe Uddin
Financial Times @financialtimes.com · 24/04/2025
Musk forced back to the boardroom as Doge ‘blowback’ pummels Tesla www.ft.com/content/0e6bcdc2-aa2e-43…
ft.com
Musk forced back to the boardroom as Doge ‘blowback’ pummels Tesla
Billionaire’s foray into government coincided with increased competition from Chinese rivals
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