BUSINES

Builder.ai founder plots potential deal to buy failed company

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Builder.ai’s founder Sachin Dev Duggal has sounded out investors on a potential deal to buy the failed UK software company out of insolvency. The Microsoft-backed artificial intelligence start-up, which was once valued at over $1bn, … Read more

The great AI jobs disruption is under way

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global boardrooms are deep into the experimentation phase of adopting artificial intelligence in their businesses. Many cost and time-saving applications of the technology, from customer service chatbots to nimble data analysis tools, will endure. On … Read more

OnlyFans in $8bn sale talks

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OnlyFans, the British online streaming platform for sex workers, sports stars and celebrities, is in talks with multiple investment groups to sell in a deal that could value the business at about $8bn. Leonid Radvinsky, … Read more

what to read this month

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‘Another Way: Building Companies That Last And Last And Last’, by Dave Whorton with Bo Burlingham Another Way appears, serendipitously, just days after Warren Buffett announced he would step down from Berkshire Hathaway. The legendary US investor is credited here as one inspiration for author Dave Whorton’s interest in “evergreen”, purpose-driven companies that are built … Read more