Articles from www.ft.com

Articles from www.ft.com

OpenAI plans to overhaul ChatGPT in the coming weeks, turning it into a superapp with coding tools and AI agents to serve as a gateway to higher-margin products (www.ft.com)
18 hours ago AI

Several UK police forces have been told to stop using AI to prepare court statements, citing concerns that inaccurate outputs could contaminate legal procedures (www.ft.com)
1 day ago AI

Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on track to beat $42M est. for the full year (www.ft.com)
1 day ago Raspberry Pi

Paris-listed Teleperformance, the world's largest customer service company, has become one of Europe's most shorted stocks, as hedge funds bet on AI disruption (www.ft.com)
1 day ago Europe AI Paris

Sources: Meta is exploring a stock offering to raise tens of billions of dollars to fund AI capital expenditures, following Google's record $85B share deal (www.ft.com)
2 days ago Google AI

Sources: SpaceX prepares the largest retail allocation ever attempted in a megacap IPO, seeking to reserve as much as 25% of its $75B float for retail investors (www.ft.com)
2 days ago IPO Retail SpaceX

Sources: Anthropic has embedded around half a dozen forward-deployed engineers within the NSA to help the agency deploy Mythos for offensive cyber operations (www.ft.com)
3 days ago

Public First: just 26% of Americans support increased data center construction, the lowest share among 15 large countries, including the UK, Japan, and Canada (www.ft.com)
3 days ago Japan U.S. Canada

France secured €110B+ of proposed AI and data center investments this week, amounting to ~10 GW of new computing capacity, equivalent to ~10 nuclear reactors (www.ft.com)
3 days ago France AI

SpaceX wins a property tax exemption for its planned $55B Terafab chip facility in Texas, despite Texans threatening legal action, amid local opposition to AI (www.ft.com)
3 days ago Tax AI SpaceX Texas

How AI tools from Harvey, Legora, and Anthropic are challenging legal tech incumbents like Thomson Reuters and LexisNexis, which are upgrading their products (www.ft.com)
3 days ago AI

Taiwan and South Korea's stock market capitalizations overtake India's as global investors favor markets with companies positioned to benefit from the AI boom (www.ft.com)
3 days ago Korea India Taiwan AI

World's highest-grossing law firm Kirkland & Ellis agrees to a multiyear deal with Palantir to develop an AI tool to help advise PE firms on raising capital (www.ft.com)
3 days ago AI

Supercell, King, and Sybo warn that EU's Digital Fairness Act, requiring pop-ups showing real-world values of virtual currencies, could make games “unplayable” (www.ft.com)
4 days ago

Microsoft announces seven AI models, including one focused on reasoning and an “ultra efficient” coding model that it says was fine-tuned for GitHub (www.ft.com)
5 days ago Microsoft AI GitHub

Anthropic says it will extend Project Glasswing to companies and institutions in 15+ countries, sources say including Five Eyes, NATO, Samsung, and SK Hynix (www.ft.com)
5 days ago Samsung

AI will significantly disrupt IT consultancies as AI labs build their own advisory arms and execs expect more outcome-based pricing over hourly billing models (www.ft.com)
5 days ago AI

Sources: Google DeepMind, Anthropic, and Meta have recently hired experts in psychology, ethics, and philosophy as they expand machine consciousness research (www.ft.com)
5 days ago Google

Sources: Tencent, which has fallen behind domestic rivals in AI models, plans to test an AI agent for WeChat with a small group of users before a phased rollout (www.ft.com)
5 days ago AI WeChat Tencent

French private equity firm Ardian partners with data center group Verne to build an up to €5B AI “gigafactory” outside Paris, targeting 500MW in total capacity (www.ft.com)
6 days ago France AI Equity Paris

SoftBank becomes Japan's biggest company by market value after hitting an all-time high, overtaking Toyota, which has been the country's largest for 20+ years (www.ft.com)
6 days ago Japan Toyota

A look at Operation Jailbreak, a US Army-led hackathon where nine defense firms use AI to integrate weapons systems, drawing on Ukraine interoperability lessons (www.ft.com)
6 days ago AI Ukraine

SoftBank pledges to invest up to €75B in AI computing clusters in France, first leading a €45B investment to build 3.1GW of capacity by 2031 in Hauts-de-France (www.ft.com)
8 days ago France AI

Blue Origin's New Glenn rocket, which exploded during testing on Thursday, was set to ferry 48 Amazon Leo satellites on Monday; Amazon paid Blue Origin $2.7B (www.ft.com)
9 days ago Amazon

A look at strains in the UK's fintech sector, as former industry darlings are forced to overhaul their operations or merge under pressure to reach profitability (www.ft.com)
9 days ago Fintech

UK Chief Secretary to the Treasury Lucy Rigby warns that rejecting AI in public services means choosing “decline”, vowing to prioritize its Whitehall rollout (www.ft.com)
9 days ago AI

Sources: Amazon has shut down an internal leaderboard that tracked employees' use of AI tools after workers tried to boost their scores with needless tasks (www.ft.com)
10 days ago Amazon AI

Doc: the EU is preparing emergency powers to intervene in Europe's chip supply chains during shortages, including by forcing chipmakers to override contracts (www.ft.com)
10 days ago Europe

Sources: Australia-founded Airwallex, which Keith Rabois accused of being a “Chinese backdoor”, is relocating some staff out of China amid its US expansion (www.ft.com)
10 days ago China Australia

Analysis: the Philadelphia Semiconductor Index, which tracks 30 largest US-listed chipmakers, is up ~75% YTD and on track for its biggest annual gain since 1999 (www.ft.com)
10 days ago

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