Category: Technology & Digitalization

Capture investment opportunities created by megatrends

Big Tech’s AI partnerships draw inquiry from FTC

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The Federal Trade Commission has launched an inquiry into the partnerships between Big Tech cloud providers and generative AI companies, targeting the likes of Amazon, Microsoft and OpenAI with demands for more information about their…
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25 January 2024 0

Apple’s slow-burn approach to products

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple, famously, does not rush into new markets. It holds back, often ceding first-mover advantage to rivals, until it believes it has a sure-fire hit on its hands. Even by the high standards of the…
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25 January 2024 0

The AI revolution is generating some investor ‘hallucinations’ too

Stay informed with free updates Simply sign up to the Big tech myFT Digest — delivered directly to your inbox. The writer is founder of Sifted, an FT-backed site about European start-ups A brassy new venture capital investor, going by the ugly acronym Mang, has been making a lot of noise in Silicon Valley. Microsoft,…
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25 January 2024 0

China’s food delivery apps could fill up on Beijing’s blessing

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Food delivery is a serious business in China. A 30-fold growth in the market pushed the equity value of China’s largest on-demand delivery platform to $180bn in 2021, as pandemic lockdowns gave sales a boost.…
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25 January 2024 0

AI at Davos and Samsung’s new ring

Hello, this is Kenji from Hong Kong. I just returned from the World Economic Forum’s annual conference in the snowy Swiss town of Davos on Monday. This was my fourth time covering the gathering, and while I have seen Asia’s presence grow over much of that time, this year, interest in Asian affairs seems to…
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25 January 2024 0

Publicis plans €300mn AI investment after exceeding growth targets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Publicis will invest €300mn as part of an AI strategy designed to secure the Paris-based group’s long-term future in an advertising industry facing existential threats from new technology.  Senior advertising executives have warned that generative…
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25 January 2024 0

White House science chief signals US-China co-operation on AI safety

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The US will work with China on the safety of artificial intelligence systems in the coming months, the White House’s top science adviser has said, signalling a rare co-operation between the two powers. Arati Prabhakar,…
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25 January 2024 0

SK Hynix returns to profit boosted by AI memory chip demand

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chipmaker SK Hynix reported its first quarterly operating profit in more than a year as it benefited from booming demand for high-end artificial intelligence memory chips. The South Korean company, which supplies the “high bandwidth…
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25 January 2024 0

Strong demand at ASML points to the coming chip upswing

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Does a new chip cycle beckon? Record fourth-quarter orders of €9.2bn at ASML, the Dutch manufacturer of chipmaking equipment, suggests a new boom may be on the horizon at long last. The $304bn company has…
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24 January 2024 0

EU scales back China investment screening plans to avoid ‘turf war’

Stay informed with free updates Simply sign up to the EU economy myFT Digest — delivered directly to your inbox. The European Commission has scaled back plans for tighter controls on outbound investment and sensitive technology exports to avoid a “turf war” with member states. Unveiling delayed proposals to enhance the EU’s economic security on…
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24 January 2024 0