Anthropic’s valuation triples to $61.5bn in bumper AI funding round

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Four-year-old artificial intelligence start-up Anthropic has raised $3.5bn in a deal that triples its valuation to more than $60bn, as it aims to keep pace with OpenAI and ahead of newer rivals including China’s DeepSeek. … Read more

TSMC unveils $100bn US chip investment

Taiwan Semiconductor Manufacturing Company on Monday said it would invest $100bn in the US, boosting capacity in the country in a move designed to placate President Donald Trump and head off threatened tariffs on chip imports. In a news conference with TSMC’s chief executive CC Wei, Trump said the world’s largest chipmaker would invest “at … Read more

The US has spurred the Chinese chip industry

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia is facing its first real competitor in China. US export controls, designed to cut off China’s access to advanced chips and chipmaking gear, were supposed to ensure that no domestic rival could emerge. But … Read more

Protein project uses AI to boost disease treatment

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Proteomics — the study of the proteins that are the building blocks of life — has emerged as a new digitally-powered weapon in scientists’ efforts to better understand and treat diseases.  A project launched this … Read more

Networked devices help head off medical woes and speed recovery

From ultrasound machines and ventilators to interactive, data-sharing knee implants and blood-pressure monitors, connecting medical devices over hospital networks and the internet is improving patient care and medical research. The increase in digitally connected devices has created a buoyant technology market known as the “Medical Internet of Things”. By 2029 this software market will be … Read more