Y Combinator has been Silicon Valley’s pre-eminent start-up incubator for 20 years. But the organisation that helped launch Airbnb and Reddit only hired its first full-time lobbyist in 2023. These days, Big Tech companies are constantly fighting lawsuits and regulators over complaints of anti-competitive behaviour. But when Luther Lowe started calling foul over Google’s treatment … Read more
Saudi Arabia’s new state-owned artificial intelligence company will seek investment from top US tech companies and will launch a $10bn venture capital fund as it leads the kingdom’s effort to become a global AI hub. Tareq Amin, chief executive of Humain, told the Financial Times he was in talks with American groups including OpenAI, Elon … Read more
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. The global average temperature is expected to rise to close to 2C above preindustrial levels in the next five years, the World Meteorological Organization has forecast. Scientists expect a range of knock-on effects from such … Read more
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Devastating tornadoes destroyed thousands of homes in Missouri and Kentucky earlier this month, casting a spotlight on how climate-related disasters might affect home lending across the US. A new report by climate risk rating firm … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In 2000, the fresh-faced British sailor Iain Percy crushed the competition in Sydney Harbour to win the first of two Olympic gold medals. He went on to manage the Artemis Racing team, skimming over the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels will urge EU countries to cut water use by at least 10 per cent by 2030 as the bloc faces longer and more widespread droughts. The plan, due to be presented next month and … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. SpaceX suffered another setback on Tuesday when its Starship rocket reached space, but failed to deploy its payload and part of the vehicle was lost on re-entry into the Earth’s atmosphere. While the mammoth 400ft … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fraud is a “blight” on the nation that requires a “systemic” solution, warn UK industry figures, as new data reveals that scammers are still swindling millions of pounds out of UK consumers. Criminals stole £1.17bn … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia’s suppliers are accelerating production of its flagship AI data centre “racks” following a resolution of technical issues that had delayed shipments, as the US chipmaker intensifies its global sales push. The semiconductor giant’s partners … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world President Donald Trump has threatened Apple and Samsung with 25 per cent tariffs on their devices unless the companies shift production to the US. The potential levy escalates the president’s stand-off with the Apple … Read more