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Turing winners Andrew Barto and Richard Sutton warn over unsafe AI deployment, saying releasing models “without safeguards is not good engineering practice”
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www.ft.com
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2025-3-5
AI
Sources: Huawei has increased its AI chip yield to nearly 40%, up from 20% about a year ago, making its Ascend chips profitable for the first time
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www.ft.com
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2025-2-27
AI
Thoma Bravo closed a €1.8B fund for European software deals, after opening a London office in 2023; the US PE firm has deployed €14B in Europe since 2010
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www.ft.com
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2025-2-25
Europe
London
Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B
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www.ft.com
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2025-2-24
IPO
A look at Apple's quiet pivot to India, where Foxconn now makes the iPhone 16 Pro; sources say China views Apple's growing business in India with suspicion
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www.ft.com
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2025-2-18
China
India
iPhone
Apple
Surj, the sporting arm of Saudi Arabia's PIF, plans to invest $1B in DAZN and a new joint venture with the sports streamer; source: Surj will take a <5% stake
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www.ft.com
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2025-2-18
Arabia
Saudi Arabia
How Walmart's investment in tech, including an AI tool to plan worker shifts, helped it take on Amazon, with 18% of its ~$680B revenue in 2024 generated online
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www.ft.com
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2025-2-16
Amazon
AI
Walmart
Thoma Bravo stands to gain $4B+ from SailPoint's IPO, which is expected to value the company at $12B+; Thoma Bravo acquired SailPoint for $6.9B in April 2022
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www.ft.com
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2025-2-13
IPO
A look at the race to bring satellite-connected smartphones to a wider market, as estimates suggest that ~350M people lack access to mobile broadband coverage
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www.ft.com
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2025-2-10
Mobile
Macron announces that companies have agreed to invest €109B in AI projects in France in the coming years, saying it's France's equivalent to Stargate for the US
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www.ft.com
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2025-2-10
France
AI
UK orders Apple to give it access to encrypted cloud data
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www.ft.com
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2025-2-10
Cloud
Apple
Investors worry about EU satellite operators Eutelsat and SES amid soaring debt and rise of Starlink, which now has 6,000+ satellites and serves ~130 countries
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www.ft.com
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2025-2-8
Sources: China is looking at launching a formal probe into Intel; a source says whether such a probe is officially launched could depend on US-China relations
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www.ft.com
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2025-2-8
China
Intel
Netflix hopes its expansion into live programming boosts its nascent ad business; Bernstein estimates its two NFL games generated up to $180M in US advertising
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www.ft.com
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2025-2-5
Netflix
programming
Investor letter: Elliott Management warns the White House's embrace of crypto is helping fuel a speculative mania that could cause “havoc” when prices collapse
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www.ft.com
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2025-1-31
Mistral AI, seen as Europe's great hope for AI, is losing ground to US rivals and being overshadowed by DeepSeek; sources say its ARR is in the tens of millions
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www.ft.com
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2025-1-30
Europe
AI
OpenAI says it had seen some evidence that DeepSeek used “distillation” to train its open-source competitor by using outputs from OpenAI's proprietary models
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www.ft.com
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2025-1-29
US tech stocks fell sharply pre-market over DeepSeek concerns, with NVDA down 8%+ and META and MSFT down 3%; ASML fell 9%+; Japanese chip companies also dropped
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2025-1-27
Japan
UK CMA Chair Marcus Bokkerink plans to leave the antitrust agency, after pressure from UK ministers; the CMA appoints ex-Amazon exec Doug Gurr as interim chair
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www.ft.com
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2025-1-22
Amazon
The UK PM debuts plans to increase its public sector compute by over 20x to spark a “national renewal”, saying the UK doesn't need to walk a US or EU path on AI
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2025-1-13
AI
On Monday the UK will announce a five-year investment in government-owned AI computing capacity; a UK-commissioned report suggests building a ~100K GPU cluster
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www.ft.com
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2025-1-13
AI
CFTC chair Rostin Behnam will resign on January 20; on his watch the CFTC deepened scrutiny of crypto and event contracts, like those allowing bets on elections
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2025-1-8
CFTC
PitchBook: global edtech VC funding reached just $3B in 2024, the lowest amount since $2.3B in 2014, and down from $17.3B at the peak of the pandemic in 2021
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www.ft.com
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2024-12-24
NERC, overseen by FERC, warns soaring electricity demand from sources including data centers to power AI could strain US and Canadian grids, risking blackouts
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www.ft.com
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2024-12-18
AI
Canada
Workers are adopting generative AI faster than companies can issue guidelines on how to do so; a survey says ~25% the US workforce already uses the tech weekly
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www.ft.com
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2024-12-16
AI
People close to Musk say it makes no sense for him to target OpenAI with onerous regulation as co-chair of DOGE, as his remit is to find ways to cut regulation
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2024-12-16
GroupM: global ad industry revenue will hit $1T for the first time in 2024; Google, Meta, ByteDance, Amazon, and Alibaba are expected to earn 50%+ of the total
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www.ft.com
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2024-12-9
Google
Amazon
Alibaba
xAI plans to expand its Colossus supercomputer tenfold to incorporate 1M+ GPUs; work has already begun to increase the size of its Memphis, Tennessee facility
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www.ft.com
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2024-12-5
OpenAI CFO Sarah Friar says OpenAI is weighing an ads model, but plans to be “thoughtful”; sources and LinkedIn analysis: OpenAI hired Meta and Google ad talent
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www.ft.com
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2024-12-3
Google
LinkedIn
Microsoft President Brad Smith calls on Donald Trump to “push harder” against cyberattacks from Russia, China, and Iran amid a wave of state-sponsored hacks
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www.ft.com
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2024-11-22
Trump
Russia
China
Microsoft
Iran
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