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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
April 23, 2024
InterviewCATL
China’s ‘battery king’ dismisses solid-state EV commercialisation as years away
...The vaunted solid-state battery for electric cars is still years away from commercialisation with “a lot of showstoppers” blocking its development, said the head of the Chinese company that dominates the...
March 27, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Elon Musk
Musk’s AI start-up taps Hong Kong and Middle East investors to raise $6bn
...Washington has sought to impose export controls designed to hamper China’s development of advanced technologies....
January 26, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...And for all of the histrionics of Musk, there is not even a hint that other big public companies are set to abscond to Texas, Nevada or any other state....
April 23, 2024
LexElon Musk
Elon Musk says Texas forever. Shareholders should not Premium content
...TripAdvisor, the internet company whose backers include media mogul Greg Maffei, recently held a vote to move to Nevada, which unaffiliated shareholders overwhelmingly rejected....
April 17, 2024
Elon Musk
Lawyers in Musk pay case seek $6bn in Tesla shares
...Since then, he has shifted incorporation of two of his companies away from Delaware — SpaceX to Texas, and Neuralink to Nevada....
March 2, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
#techAsia
AI and autos at CES, and Panasonic’s US plans Premium content
...The company has a plant in Nevada and is building a second one in Kansas. Panasonic recently ended its talks with the Oklahoma government about investing in the state....
January 11, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...While money from Covid vaccine sales is a key driver of the dispute, the patent battle could prove influential for the development of future mRNA-based products....
April 22, 2024
Special ReportThe Americas’ Fastest Growing Companies
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
...hundreds of thousands of Americans....
April 26, 2024
Intel Corp
Intel to receive $8.5bn in US funding for high-end chip manufacturing
...The new Chips Act funding will primarily be directed towards development of Intel’s 18A “node”, a reference to its manufacturing process for the smallest and most powerful chips....
March 20, 2024
Tesla Inc
Tesla’s biggest problem: cars
...In order to make money in the stock market, you have to anticipate fundamental developments that exceed those already implicitly baked into the share price....
April 26, 2024
The Week Ahead
Pakistan elections, peak earnings season and lunar new year
...On Tuesday, the next round of US presidential primary contests will be held in Nevada, though the next major contest will be later in the month in South Carolina....
February 4, 2024
Elon Musk
Musk’s record $55bn Tesla pay package voided by US judge
...“Never incorporate your company in the state of Delaware,” Musk posted on X after Tuesday’s decision. “I recommend incorporating in Nevada or Texas if you prefer shareholders to decide matters.”...
January 30, 2024
Moral Money
Tesla share price surge highlights electric vehicle investors’ jitters Premium content
...Elon Musk this week said that the company had decided to accelerate the development of its “affordable” electric car model, expected to cost $25,000, with production likely to start in the first half of...
April 26, 2024
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...This combination is transformational, and we are confident in our ability to execute, positioning Tapestry as a leader in innovation, talent development, and shareholder return for years to come....
April 23, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Google LLC
Google streamlines structure to speed up AI efforts
...It represents a major increase in power for Hassabis, who joined Google when it bought his start-up in 2014, and who now controls much of its AI development and product output....
April 18, 2024
Derivative exchanges
The Cboe wants to ‘debunk’ some 0DTE myths
...As a paper published a year ago noted (Alphaville’s emphasis below): We use recent exchange-related developments to identify option trades that originate from retail investors, and find that more than 75%...
April 15, 2024
Behind the Money podcast17 min listen
Baidu’s ‘do-or-die’ bet on AI
...Read a transcript of this episode on FT.com...
February 7, 2024
Tesla Inc
Tesla steers back towards cheaper cars
...Lars Moravey, head of engineering at Tesla, said many of the developments for the “next-generation” model were “transferable” to the new models, including the battery system, heating and a reduction in the...
April 25, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
April 15, 2024
Chinese economy
Fitch cuts China credit outlook to negative on ‘uncertain economic prospects’
...A growth target of 5 per cent is “in line with expectations, reality and the need for developments”, the ministry said....
April 10, 2024
LexIthaca Energy Inc
Oil sector dealmaking does not herald a North Sea revival
...Ithaca owns stakes in many of the UK North Sea’s biggest potential developments, including Rosebank, Cambo and Fotla....
April 4, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...He is expected to open Apple’s eighth retail store in Shanghai on Thursday and attend the China Development Forum, which starts over the weekend....
March 21, 2024
Batteries
Tesla co-founder’s battery recycling start-up closes in on $5bn valuation
...Like the loan, the new fundraising is intended to help finance Redwood’s development of a battery recycling facility near Reno, Nevada, which will turn end-of-life battery and production scrap into critical...
July 18, 2023
Artificial intelligence
Biggest tech companies pledge to fight AI-created election ‘deepfakes’
...According to the voluntary accord signed by the companies, the rapid development of AI was “creating new opportunities as well as challenges for the democratic process”, and the spread of deceptive content...
February 16, 2024

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