Defence tech spies an opportunity in global crisis

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Strikes on Iranian nuclear facilities will turn the spotlight on to the tools of war — and particularly those with a high-tech bent. Investors are getting on board: a €600mn investment in Germany’s Helsing announced … Read more

Mira Murati’s Thinking Machines Lab valued at $10bn after $2bn fundraising

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI’s former chief technology officer Mira Murati has raised $2bn for her new artificial intelligence start-up, in a deal which values the mysterious six-month-old company at $10bn. The deal, which closed recently, according to multiple … Read more

The rise of ‘pre-plan’ venture capital

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A few months ago we marvelled at how the AI bacchanal had enticed venture capitalists into moving from backing pre-revenue companies to pre-product companies like Ilya Sutskever’s Safe Superintelligence. Oh how sweetly innocent we were … Read more

Technology opens the door to pro-level tennis guidance

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tennis has long been associated with affluence and exclusivity. But this reputation is looking increasingly outdated, with barriers to entry falling as the sport’s infrastructure develops. Now software engineers and entrepreneurs are making the game … Read more

Tennis recruits TikTok as it chases the next wave of fans

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ‘Craziest flics’, ‘best drip’ and ‘best kicks’. This is French Open coverage — TikTok style. These social media posts (covering pictures, style and shoes at the Grand Slam tennis tournament) produced by media group Overtime … Read more

Revolut chief in line for Musk-style payday at $150bn valuation

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut’s chief executive Nik Storonsky is in line for a multibillion-dollar windfall if he steers the fintech’s valuation to about $150bn, under a long-standing Elon Musk-style pay package.  Storonsky, who founded the $45bn start-up in … Read more