Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. Taiwan’s Foxconn is close to securing a contract with Mitsubishi Motors for the production of electric vehicles in a landmark move for the iPhone supplier’s efforts to break into the auto industry. The world’s largest … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan lost its edge in chips decades ago — to chip designers in the US and manufacturers in Taiwan and South Korea. Since the 1990s, the gap has only widened. The world’s most advanced silicon, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK prosecutors need a standardised approach to artificial intelligence in order to help cut the time it takes to bring criminal cases to court, according to a government-backed review that recommends updating the UK’s disclosure … Read more
JD Vance told a funny story at the American Dynamism Summit in Washington this week. He recalled a Silicon Valley dinner he and his wife Usha attended, before he became vice-president, where the talk had been of machines replacing humans in the workforce. According to Vance, an unnamed chief executive from one giant tech company … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A handful of technology start-ups expected to publicly list their shares next month has led to cautious optimism on Wall Street of a long-awaited “window” for initial public offerings, despite a surge in market volatility … Read more
One thing to start: Elon Musk’s X has raised about $1bn in a new equity funding round that values the social media company at $44bn, bringing its valuation back in line with the price the billionaire paid in 2022. Welcome to Due Diligence, your briefing on dealmaking, private equity and corporate finance. This article is … Read more
Hello everyone, this is Cissy from Hong Kong. Nearly three months after DeepSeek stunned Silicon Valley with its low AI inference costs, the start-up’s impact continues to grow in China, where it has become a source of national pride. Its technology is now ubiquitous, integrated into government agencies, cars, hospitals — even household appliances like … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Elon Musk’s artificial intelligence company xAI and chipmaker Nvidia are becoming partners in a multibillion-dollar AI infrastructure fund backed by BlackRock, Microsoft and Abu Dhabi, as companies rush to build data centres and energy projects … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. SoftBank has agreed to acquire chip start-up Ampere Computing for $6.5bn as the Japanese tech group’s founder Masayoshi Son expands his ambitions in artificial intelligence. The deal is the latest big move by Son, who … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia will spend hundreds of billions of dollars on chips and other electronics manufactured in the US over the next four years, its chief executive has said, as the company tilts its supply chain back … Read more