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Google LLC
Google invests $300mn in AI start-up Anthropic
...Google has invested about $300mn in artificial intelligence start-up Anthropic, making it the latest tech giant to throw its money and computing power behind a new generation of companies trying to claim...
February 3, 2023
Artificial intelligence
AI boom sparks concern over Big Tech’s water consumption
...These companies have targets to put more water back into systems such as aquifers than they consume by 2030, for example, by funding work to improve leaky irrigation infrastructure or restoring wetland systems...
February 25, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
March 25, 2024
Unhedged
What Big Tech antitrust gets wrong Premium content
...Remember a critical principle here, which is that market power attaches to products, not firms. We can speak of Microsoft as having market power in its Windows operating system....
January 19, 2024
Artificial intelligence
Google’s ‘Gemini’ makes mobile breakthrough for generative AI
...Running generative AI with the computing power available on mobile handsets, rather than through the cloud on servers operated by big tech groups, would vastly reduce the costs of operating such systems....
December 6, 2023
Google LLC
Google loses antitrust lawsuit against Epic over its app store
...Epic’s lawsuit alleged Google abused its power to charge excessive fees, and made an operating profit of $12bn on its Play Store in 2021 alone....
December 12, 2023
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
News in-depthMergers & Acquisitions
Dawn of the credit card war? Capital One takes on Visa and Mastercard
...In September, Discover agreed to improve its consumer compliance management system under a consent order from the FDIC....
February 22, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...Ericsson’s Finnish rival Nokia has taken a similar approach, launching its ReefShark line of system-on-chip (SoC) products in 2018....
March 14, 2024
Big Tech
Big Tech boosts profits by $10bn with accounting change to server life estimate
...The companies have warned investors they will make major investments in their technical infrastructure this year as they develop cutting-edge generative AI systems....
February 5, 2024
Inside BusinessRichard Waters
Google pins its hopes on Gemini to leapfrog GPT-4
...That may be a step towards AI systems that are better able to operate in the real world....
December 7, 2023
On Wall StreetWilliam Cohan
The deals that show how lucrative private equity can be
...The writer is a former investment banker and author of “Power Failure: The Rise and Fall of an American Icon” It’s been a rough year for private equity firms....
December 16, 2023
Technology regulation
Tech alliance in AI standards push to fill ‘gap’ in regulation
...Tech giants have coined the term “frontier” to describe a subset of artificial intelligence with highly advanced and unknown capabilities, including the type that powers generative AI products such as Open...
October 25, 2023
Insurance
Hiscox to use AI for underwriting process in tie-up with Google
...The decision on whether the risk falls within Hiscox’s appetite is determined by its own system....
December 12, 2023
Energy sector
US scientists repeat fusion power breakthrough
...Energy gain in this context only compares the energy generated to the energy in the lasers, not to the total amount of energy pulled off the grid to power the system, which is much higher....
August 6, 2023
FT Asset Management
Asset Management: How Schonfeld fell into Millennium’s arms
...Don’t miss our deep dive on the parts of the financial system that could come under strain....
October 9, 2023
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Space industry27 min
Moon rush: the launch of a lunar economy | FT Film
...We have 150-hour periods, sometimes, where we'll be without sunlight, and we need our systems to survive. Obviously, nuclear power is there all the time....
October 19, 2023
FT MagazinePink Snow 2023: a winter sports special
Pink Snow: news from the slopes
...Passengers press a button to choose their destination before entering a stationary cabin that manoeuvres under its own electrical power before attaching to the main cable....
October 12, 2023
LexEnergy sector
Fusion: start-up shares are easier to create than limitless energy Premium content
...It only needs to perfect its energy delivery system — based on a cheaper stamp-sized projectile — to achieve ignition. Amid the buzz, investors are rushing to position themselves....
August 7, 2023
Millennium Management LLC
Hedge fund Millennium prepares for life after founder Izzy Englander
...Millennium has also strengthened its capital base, shifting the balance of power away from investors....
November 16, 2023
Ruchir Sharma
What’s wrong with tech giants riding the AI wave
...The fact that giants are dominating another wave of tech innovation points to deep dysfunction in the system....
July 30, 2023
News in-depthGoogle LLC
Google prepares for biggest US antitrust showdown since Microsoft
...He is among a new generation of progressive antitrust officials appointed by president Joe Biden in a bid to tackle what the White House sees as excessive corporate power....
September 11, 2023
The Big Read
Centerview: the Wall St power brokers confronting a rare rupture
...Handler was particularly close to John Chambers, then chief executive of networking giant Cisco Systems, whose internal strategy team leaned heavily on Handler’s group for deal analyses....
May 30, 2023
Due Diligence
Can Centerview Partners become the next Goldman Sachs? Premium content
...So long as the internal power struggles end with Handler....
May 30, 2023
The Big Read
Here come the driverless taxis
...“We saw what you can do with just a traffic cone, and we wanted to tie that into taking some power back, you know? To bring some power to the people.”...
August 18, 2023
News in-depthDeepmind Technologies Ltd
Google’s DeepMind-Brain merger: tech giant regroups for AI battle
...These would be similar to GPT-4, which powers part of Microsoft’s Bing search engine, and LamDA, Google’s model that powers its Bard chatbot....
April 28, 2023

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