BUSINES

Europe just years away from uncrewed fighter jets, says defence start-up Helsing

Stay informed with free updates Simply sign up to the Hedge funds myFT Digest — delivered directly to your inbox. Hunterbrook Global has been valued at $100mn after a recent fundraising, as the novel US newsroom-cum-hedge fund revealed to investors that it planned to move into litigation. The new capital, raised by the parent company … Read more

Stay informed with free updates Simply sign up to the EU business regulation myFT Digest — delivered directly to your inbox. Indonesia has asked Brussels to further delay its landmark deforestation law, adding to mounting pressure from EU governments that have demanded policymakers cut back “onerous” requirements on producers. The controversial ban on products coming … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US power providers are seeking to impose big price increases on consumers following booming data centre demand, sparking debate over who should pay for the electricity burden of artificial intelligence. Utilities have sought regulatory approval … Read more

A catastrophic flood that has killed more than 100 people in Texas has amplified concerns that countries are ill-prepared to warn citizens of impending dangers, even as climate change makes extreme weather events more frequent and intense.  Officials in the US face tough questions about why many people were not evacuated and whether sufficient warnings … Read more

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Good morning and welcome back to FirstFT Asia. On today’s agenda: Nvidia plans to launch a new artificial intelligence chip … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut is in talks to raise new funding from investors at a $65bn valuation, according to people familiar with the matter, in a transaction that would fuel global expansion for Europe’s most valuable start-up. The … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia plans to launch a new artificial intelligence chip designed specifically for China as soon as September, with chief executive Jensen Huang planning a visit to reassert the company’s commitment to the country. The chip … Read more

Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Landmark research on Arctic whale faeces over the past two decades has revealed how rising ocean temperatures are stoking an increase in algal toxins in marine food chains. The heating in northern waters follows trends … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia has become the first company to hit a $4tn market capitalisation, on the back of a rapid rebound for Wall Street technology stocks in recent months. Shares in the Silicon Valley-based maker of artificial … Read more