Articles from www.ft.com

Articles from www.ft.com

The Nasdaq fell 1.4%, with Nvidia down 3.5%, Palantir down 9.4% and Arm down 5%, with AI enthusiasm cooling after a critical MIT report and warning from Altman (www.ft.com)
1 day ago AI Nvidia

Digital bank Monzo, which has 13M UK customers, plans to launch a mobile phone service; Revolut and Klarna, each with ~11M UK customers, announced similar plans (www.ft.com)
3 days ago Mobile

Klarna reports Q2 revenue up 25% YoY to $823M with a net loss of $53M, up from a net loss of $18M in Q2 2024, as it prepares for a second attempt at a US IPO (www.ft.com)
6 days ago IPO

SoftBank-owned PayPay files for a US listing; sources: PayPay aims to raise $2B+ at a $10B+ valuation, and the listing could happen by the end of the year (www.ft.com)
6 days ago

Trump says “it's possible” to make a deal to let Nvidia sell Blackwell chips “enhanced in a negative way” in China and calls H20 “an old chip” China already has (www.ft.com)
7 days ago Trump China Nvidia

Sources: Marc Andreessen complained to the UK government last week about the Online Safety Act and called for a reprimand of technology secretary Peter Kyle (www.ft.com)
13 days ago

AI's energy demands are driving fossil fuel investment, as energy needs for AI training and data centers are poorly matched with the patterns of solar and wind (www.ft.com)
14 days ago Energy AI Solar

Darktrace says it plans to invest $200M in the US in 2026, up 11% YoY, as part of a push to surpass $1B in revenue and grow its US sales to 50% of its revenue (www.ft.com)
14 days ago

Sources: Mistral is in discussions, including with Abu Dhabi's MGX, to raise $1B at a valuation of about $10B, up from its previous valuation of €5.8B (www.ft.com)
19 days ago

Experts say Samsung's $16.5B Tesla chip deal alone is unlikely to revive its foundry division, which has struggled since TSMC became Apple's principal supplier (www.ft.com)
21 days ago Samsung Apple Tesla

Arm CEO Rene Haas says the company is accelerating its R&D spending as it considers offering “full end solutions”, suggesting plans to launch its own chips (www.ft.com)
21 days ago

China's JD.com launches a takeover bid for German electronics retailer Ceconomy, which operates 1,000+ stores in Europe, valuing Ceconomy's equity at ~€2.2B (www.ft.com)
21 days ago China Germany Europe Equity

Sources: Bank of England governor blocked a meeting arranged by UK Chancellor between regulators and Revolut to discuss Revolut's full banking authorization (www.ft.com)
22 days ago

A US trade group for 30+ fintechs and aggregators says JPMorgan's plan to charge for data access could cost some firms 60% to over 100% of their annual revenue (www.ft.com)
22 days ago JPMorgan

Sources: Mark Zuckerberg's aim with the Superintelligence Labs is to create a start-up-like unit within Meta that is unencumbered by the company's bureaucracy (www.ft.com)
22 days ago Zuckerberg

The English Premier League recently signed deals with Adobe and Microsoft to offer AI-powered tools to fans, including those playing the Fantasy Premier League (www.ft.com)
25 days ago Microsoft AI Adobe

Google has defended Search against the first wave of disruption from generative AI, but AI agents and apps that can reduce clicks now threaten its ad business (www.ft.com)
26 days ago Google AI

Analysis: US and UK entry-level graduate job listings have plunged since 2022, but there's only tentative evidence of AI-related disruption in some occupations (www.ft.com)
27 days ago AI

The Trump administration plans to vet AI models for “ideological bias” and limit government contracts to tech companies whose models offer “objective truth” (www.ft.com)
28 days ago Trump AI

Sources: the UK may backtrack on its January order for Apple to create a backdoor for iCloud encrypted data after pressure from US officials, including JD Vance (www.ft.com)
2025-7-21 Apple

Insiders describe Linda Yaccarino's tumultuous partnership with Elon Musk and say the two failed to gel as Musk's blunt style clashed with Yaccarino's polish (www.ft.com)
2025-7-13 Elon Musk Poland

Sources: xAI prepares a new fundraising round, its third in two months, targeting a valuation of $170B to $200B, up 10x from its May 2024 valuation of $18B (www.ft.com)
2025-7-12

Sources: Nvidia plans to launch a new AI chip designed for China that will be a version of its Blackwell RTX Pro 6000 processor, as soon as September (www.ft.com)
2025-7-10 China AI Nvidia

ThinkBroadband: 78% of UK properties have access to full-fiber broadband, up from 12% in January 2020, which experts credit to Ofcom's 2021 pro-competition push (www.ft.com)
2025-7-9

PitchBook: VC exits through public listings, acquisitions, and buyouts reached $67.7B in Q2 2025, up from $38.5B a year ago and the strongest showing since 2021 (www.ft.com)
2025-7-6

UK retailers are building an arsenal of anti-theft tech powered by AI, computer vision, and facial recognition, as organized crime fuels a shoplifting epidemic (www.ft.com)
2025-6-28 AI Facial Recognition

Analysis: A7A5, billed as the first Russian ruble-pegged stablecoin for cross-border payments, has moved $9.3B on a dedicated exchange after a February launch (www.ft.com)
2025-6-26 Russia

Wolfspeed, a NC-based chipmaker for EVs, says it made a deal with creditors to reduce its ~$6.5B debt in a bankruptcy package that nearly wipes out shareholders (www.ft.com)
2025-6-23

An interview with computational linguist Emily Bender, who coined the term “stochastic parrot”, on her AI skepticism, co-writing the book The AI Con, and more (www.ft.com)
2025-6-22 Interview AI

Tesla's robotaxi service will launch in Austin with just ~10 cars that are geofenced to avoid complex intersections and monitored by backup teleoperators (www.ft.com)
2025-6-20 Tesla

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