AI frenzy leads US venture capital to biggest splurge in three years

US start-ups are raising more cash than at any point since 2021 thanks to investor bullishness about artificial intelligence, but the venture capital market has tilted sharply towards funding a handful of huge private tech companies. More than $30bn has been invested into fledgling groups already this quarter, according to PitchBook data. A further $50bn … Read more

Can the world decarbonise fast enough?

The world economy is emitting carbon dioxide faster than ever before, meaning our planet is heating up faster than ever before. Martin Wolf speaks to someone who has spent much of the past two decades at the forefront of the climate debate. Lord Adair Turner chairs the Energy Transitions Commission, a think-tank focused on climate … Read more

Is this dotcom bust 2.0?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. How do you know when a bubble has popped? Twenty-five years ago on Monday, a multiyear US stock rally hit its peak and began a precipitous decline that would wipe 77 per cent off the … Read more

‘Light of hope’ emerges as UN summit ends with plan for $200bn to protect nature

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. More than 140 countries struck a deal on a strategy to raise and distribute billions of dollars to protect nature at a UN biodiversity summit that provided a “light of hope” amid rising geopolitical tensions … Read more