During Ocado’s most recent earnings call, chief executive Tim Steiner said the group’s advances in artificial intelligence and robotics had allowed it to fulfil online grocery shops at an ever faster pace. In 2012, it took 25 minutes of human labour to pick a 50-item order. That is now down to 10. But Ocado’s technological … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Sam Altman’s eyeball-scanning digital ID project is being rolled out in the UK, giving Britons access to verification services that the entrepreneur claims are essential for distinguishing between human and artificial intelligence. Altman’s World project … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Coal India, the world’s largest coal-producing company, is reopening more than 30 mines and launching up to five more on greenfield sites this year, saying the country’s renewables sector is yet unable to meet its … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Builder.ai collapsed owing money to an Israeli private intelligence outfit, a high-profile crisis communications specialist and one of the world’s most feared litigation law firms, the London tech group’s US bankruptcy filings have revealed. The … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the world of K-pop, tattle about the latest scandal or rumour involving a Korean pop star is not just light entertainment — it’s market-moving information. Even the smallest details of a star’s personal life … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Imagine waking up one morning and lying in bed, checking your overnight emails before you have to make a work call to France, when you see a message from your company’s chief executive. It says … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe’s best-known artificial intelligence start-up Mistral AI has secured new contracts worth hundreds of millions of dollars, driving an upturn in its business that could help fuel a potential $1bn fundraising this year. Paris-based Mistral … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple is struggling to deliver upgrades to its artificial intelligence voice assistant for the iPhone, with investors downbeat about the potential for major AI announcements at its flagship annual event next week. Recently departed employees … Read more
Is Luis von Ahn’s job as chief executive of Duolingo vulnerable to displacement by artificial intelligence? “I’m not going to claim CEOs are that special,” he says. “It’s just somebody has to tell others . . . ‘This is where we’re going.’ And AI is not particularly good at that yet.” Judging by recent controversy around the gamified language-learning … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s success in snarling global supply chains by stemming the flow of rare earths has piled pressure on Washington and made clear Beijing’s power to weaponise export controls on a wider range of critical goods, … Read more