BUSINES 
Jesse Levinson, co-founder and chief product officer of Amazon-owned robotaxi start-up Zoox, and his team are betting that the vehicles’ pod-shaped design will be the preferred shape of future autonomous transportation. The company is testing its technology on roads across six US cities with plans to launch commercially this year in Las Vegas, followed by … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Uber’s shares fell on Wednesday after it posted slightly weaker than expected gross bookings for the first quarter, raising fears of slowing US consumer demand amid growing economic uncertainty under President Donald Trump. The ride-hailing … Read more
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. Foxconn has made a landmark entry into the car industry after the Taiwanese iPhone supplier struck a deal to manufacture electric vehicles for Mitsubishi Motors of Japan. According to a memorandum of understanding between the … Read more
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. OpenAI plans to expand Stargate, its $500bn US data centre project, by investing more overseas to promote the development of “democratic artificial intelligence”, though the group revealed few details of how the project would be … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A barrage of storms left UK home insurers facing claims for £226mn of weather-related damage in the first quarter of this year, a record high since the data began to be tracked in 2017. Property … Read more
Deliveroo’s £7.6bn listing in March 2021 was hotly anticipated, but after just one day of trading the flotation was derided by one of the company’s own bankers as “the worst IPO in London’s history”. Four years later, the food delivery business is set to be swallowed by its US rival DoorDash at less than half … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amazon’s self-driving start-up Zoox will scale up production next year, as it accelerates plans for a commercial rollout of its fleet of robotaxis in the US. The company, which manufactures and operates a bespoke pod-shaped … Read more
Private investors are positioning themselves to play a key role in re-arming Europe by providing much-needed capital to help the defence industry scale up and boost the region’s industrial resilience. More than three years since Russia’s full-scale invasion of Ukraine, Europe’s capitals have pledged billions of euros to invest in defence as well as in … Read more
The resilient coffee discovery that could save our morning brew Source link