Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s xAI is launching a $300mn share sale that values the group at $113bn, as the world’s richest man returns to his business empire and the race to develop artificial intelligence. The deal will … Read more
E-tattoos may tell us about overwork but what about our neurorights?
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Quant group AQR Capital Management is embracing artificial intelligence and machine learning techniques for trading decisions, ending years of reticence from one of the sector’s historic holdouts. The Connecticut-based hedge fund that has $136bn under … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Artificial intelligence start-up Cohere is seeking to raise more than $500mn in new funding, aiming to catch up in the hugely expensive race to build cutting-edge AI models alongside rivals such as OpenAI, Google and … Read more
Gaia Marcus, director at the Ada Lovelace Institute, leads a team of researchers investigating one of the thorniest questions in artificial intelligence: power. There is an unprecedented concentration of power in the hands of a few large AI companies as economies and societies are transformed by the technology. Marcus is on a mission to ensure … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russia’s war on Ukraine has thrown up a particular challenge for the defence industry: why use highly expensive missiles to take down cheap drones, especially when there might be hundreds of them? Military chiefs and … Read more
In Parc Adfer, North Wales, incinerator owner Enfinium is testing a new technology to capture some of the 218,967 tonnes of carbon dioxide that it spews out of its chimneys every year. The company — which generates power from waste — is aiming to clean up its output. But it also hopes eventually to be … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A majority of Warner Bros Discovery shareholders voted against the 2024 pay package for chief executive David Zaslav, whose remuneration has been a sore spot for investors amid steep declines in the media group’s share … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Texas has removed BlackRock from a list of companies boycotted from receiving its investment funds, three years after the state targeted the world’s largest asset manager over its environmental policies. The decision by the state’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chime Financial will seek to raise up to $832mn in an initial public offering this month, giving the US mobile banking group an $11.2bn valuation that is sharply reduced from four years ago. The San … Read more