Articles from www.ft.com

Articles from www.ft.com

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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
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 (www.ft.com)
2024-11-22 Trump Russia China Microsoft Iran

AI pioneer Yoshua Bengio says models like OpenAI's o1 could accelerate research on AI itself and calls for more urgent AI regulation to protect the public (www.ft.com)
2024-11-20 AI

Sources: Trump Media is nearing an all-share purchase of Intercontinental Exchange's crypto trading platform Bakkt; DJT closed up 16.65%, BKKT up 162.46% (www.ft.com)
2024-11-19 Trump

Sources: Elon Musk's US government advisory role will let him push for his acolytes and allies to fill roles that cut regulation and protect his companies (www.ft.com)
2024-11-14 Elon Musk

Bitcoin passes $89K for the first time, Tesla closes up 8.96%, Coinbase closes up 19.76%, and Robinhood closes up 7.4%, as investors pile into “Trump trades” (www.ft.com)
2024-11-12 Trump Bitcoin Tesla Coinbase

TSMC CFO Wendell Huang says the chipmaker expects to pay more for power in Taiwan in 2025 than anywhere else; electricity prices for TSMC rose 25% in April 2024 (www.ft.com)
2024-11-7 Taiwan

Super Micro says an independent probe into concerns flagged by former auditor EY found “no evidence of fraud or misconduct” by its management or board (www.ft.com)
2024-11-6

UK podcaster Harry Stebbings' 20VC raised a $400M fund for early stage startups, one of Europe's biggest venture funds; the podcast recently hosted Sam Altman (www.ft.com)
2024-10-15 Europe Startup

Google DeepMind is developing an AI research assistant for scientists; BioNTech's InstaDeep unveils Laila, a Llama 3.1-based assistant for experimental biology (www.ft.com)
2024-10-4 Google AI

Sources: OpenAI has asked investors to avoid backing rival startups such as Anthropic and xAI (www.ft.com)
2024-10-3 Startup

Chinese tech giants splurge on AI infrastructure, doubling their capex in 2024; Alibaba, Tencent, and Baidu had a combined ~$7B capex in H1 2024, up 117%+ YoY (www.ft.com)
2024-8-29 China Alibaba AI Tencent

Chicago-based G Squared raised $1.1B for a fund to buy secondary startup shares; G Squared bought ~$135M in Anthropic shares from FTX during FTX's bankruptcy (www.ft.com)
2024-8-27 Startup

How Amazon, Alphabet, Microsoft, and Meta are using accounting techniques to hide their growing emissions, while working to influence pollution disclosure rules (www.ft.com)
2024-8-15 Amazon Microsoft Alphabet

Balderton Capital raises $1.3B for EU startups across two funds: a $615M early-stage fund and a $685M fund for “growth” investing in more mature startups (www.ft.com)
2024-8-12 Startup

A profile of Kakao founder Kim Beom-su, who South Korea arrested in July 2024 on stock manipulation charges relating to Kakao's takeover of a K-pop agency (www.ft.com)
2024-8-10 Korea

The US SEC sues former IRL CEO Abraham Shafi, accusing him of a $170M fraud by misleading investors about the company's growth and concealing personal expenses (www.ft.com)
2024-8-1

A look at the race to build advanced AI robots; PitchBook: robotics startups have raised $6.5B across 552 deals in 2024 vs. $9.7B across 1,256 deals in 2023 (www.ft.com)
2024-7-27 Startup AI Robot

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