DeepMind slows down research releases in battle to keep competitive edge
DeepMind slows down research releases in battle to keep competitive edge
global energy demand link to climate change
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Global energy demand rose faster than usual last year as record temperatures across the world meant more power was used for cooling in the self-perpetuating loop between climate change and energy use. Electricity demand increased … Read more
OpenAI secures $300bn valuation after $40bn SoftBank-led funding round
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI has raised $40bn in new funding from SoftBank and other investors, valuing the ChatGPT maker at $300bn as it becomes one of the best-funded private start-ups in the world. SoftBank was providing 75 per … Read more
Intel’s new chief promises ‘cultural change’ at chipmaker
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Intel’s new chief executive has promised a major “culture change” at the US semiconductor group, saying he will prioritise attracting talent, building relationships with customers and slashing bureaucracy. Speaking at a company conference in Las … Read more
Musk’s merger suffers from serious grade inflation
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk is, among other things, the king of the related party transaction. Almost a decade ago, Tesla bought SolarCity, a clean energy start-up backed by Musk and his brother. Now, the tech billionaire is … Read more
BBC to use AI as it expands iPlayer offerings
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. The BBC will use AI across a range of its offerings from iPlayer and its Sounds radio and podcasts app to its World Service and sports reporting, as it promised greater investment in social media to … Read more
Harry Kane backs UK premium ticketing start-up
Stay informed with free updates Simply sign up to the Travel & leisure industry myFT Digest — delivered directly to your inbox. England men’s football captain Harry Kane has increased his venture capitalist activities with an investment in London-based premium ticketing start-up Seat Unique. The Bayern Munich striker will take a stake in the group … Read more
Banks and tech groups commit to live data-sharing in UK fraud clampdown
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s biggest banks, technology and telecoms companies have pledged to step up efforts to share live fraud data, as calls grow for the government to take stronger leadership in coordinating the fight against online scammers. … Read more
EU plans to strengthen police powers to tackle foreign threats
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Commission plans to strengthen EU policing and law enforcement measures against threats from foreign powers such as Russia that collaborate with criminal networks, under a new strategy on internal security seen by the … Read more