Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Music creation start-up Splice has agreed to acquire the orchestral sound studio Spitfire Audio for about $50mn, as the Goldman Sachs backed company looks to buy up audio samples and technology to build songs using artificial … 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 rush to beef up defence capabilities has opened a lucrative market in security technology for Ireland, a country that prides itself on having been neutral for decades. Irish scale-up companies in radar, artificial intelligence … Read more
This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and fortnightly on Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. News to start: Viktor Orbán has allegedly pumped more than €1bn in … Read more
Shifting production to the US would therefore require years if not decades of coordinated investment in automation, tools, infrastructure and training. Incentivising foreign component manufacturers to build facilities in the US would also be a challenge. “If you’re a Chinese supplier making a certain kind of component that can also be used in a Huawei … Read more
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. China has rapidly scaled up sales of solar panels, batteries and other green energy technologies to emerging markets well ahead of the US tariff fight, latest data shows, with expectations it will surge further in … Read more
A global surge in renewable energy and data centre demand is powering a boom in using batteries for storage on electricity grids, creating a new front in the battle between Chinese and South Korean companies that have dominated cell production for electric vehicles. Fuelled by surging demand within China itself, Chinese batteries account for nearly … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Has dabbling in politics ever proved so costly? Between its peak last December and its dismal first-quarter sales and earnings report last week, Tesla lost roughly $800bn in market value. That knocked a cool $100bn … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia’s big businesses are embracing solar power as they seek to save on energy costs after the government eliminated electricity subsidies in the world’s largest oil exporter. Encouraged by decreasing photovoltaic panel costs and … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Advertising groups and tech start-ups have been racing to find ways to help brands boost their likelihood of surfacing in results from artificial intelligence chatbots, marking a new era of “search engine optimisation”. Companies such … Read more
Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. The writer, a former US Treasury secretary, chairs the Paulson Institute One of the most urgent and under-appreciated energy challenges facing the US is the artificial intelligence race with China. America is in the lead, … Read more