BUSINES

Strike a pose: AI takes to the catwalk

Linda Yaccarino insisted three weeks ago that little had changed when billionaire entrepreneur Elon Musk merged X, the social platform that she headed, with xAI, his artificial intelligence group. “I’m the CEO of X and my boss remains the same,” she told the Financial Times in an interview at the Cannes advertising conference. Less than … Read more

Ecotricity founder Dale Vince: ‘There’s got to be a bigger purpose in life’ Source link

It may seem a rather curmudgeonly, and premature, caveat in a week when US AI chip designer Nvidia hit a new record valuation for any listed company ($4tn), to warn that investors cannot assume that star performers will always deliver flawlessly in the future or remain at the top of their industries. Certainly, investors with … Read more

Last week, Elon Musk announced that his artificial intelligence company xAI had upgraded the Grok chatbot available on X. “You should notice a difference,” he said. Within days, users indeed noted a change: a new appreciation for Adolf Hitler. By Tuesday, the chatbot was spewing out antisemitic tropes and declaring that it identified as a … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amazon Prime Day is often referred to as Black Friday in July. For good reasons. What started out as a one-day event back in 2015 for shoppers to snag discounts on big-ticket items has morphed … 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 twice 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 FT … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If we are what we watch, then this column was written by Jerry Seinfeld, or maybe Tony Soprano. Or a combination of the two, although I’m not sure Tony Seinfeld sounds menacing enough to cut … Read more

Linda Yaccarino is stepping down as chief executive of X two years into a role where she attempted to claw back advertising dollars while dealing with the mercurial behaviour of the platform’s owner Elon Musk. In a post on X announcing her decision, Yaccarino said she had “decided to step down” but was grateful to … Read more

India is set to reach a record year in initial public offerings and Big Pharma is facing a wave of patent expiration dates. Plus, Meta goes to trial over who to hold accountable for corporate scandals. Mentioned in this podcast: India on track for record IPO year The looming ‘patent cliff’ facing Big Pharma Today’s … Read more