Tech In Depth

Oracle’s New Move to Handle Cash Crunch: Bring Your Own Chips

The company says data center customers will pay the upfront cost of expensive AI chips
Electrical equipment at a data center campus under construction for Oracle and customer OpenAI in Abilene, Texas.Photographer: Kyle Grillot/Bloomberg
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Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford reports on Oracle’s big-spending effort to expand its cloud business to meet the needs of AI customers.

Apple’s build-out in India: The company increased iPhone production in India by more than 50% last year and now makes about a quarter of its marquee devices in the country.