Articles from www.ft.com

Articles from www.ft.com

UK-based automotive dealership software maker Pinewood agrees to a £545M cash takeover by US private equity firm Ridgeview, after an Apax takeover fell through (www.ft.com)
2 hours ago Equity

FDM CCS Insight: ~134M travel eSIMs will be used in 2026, up from 101.8M in 2025, challenging established carriers that generate 3%-5% of revenue from roaming (www.ft.com)
9 hours ago

Sources: Beijing allowed ByteDance and Tencent to each receive about 10,000 Nvidia H200 chips at their mainland China facilities in recent weeks (www.ft.com)
11 hours ago China Tencent Nvidia

In filings, Apple acknowledges App Store regulatory changes are weighing on its $100B+ services business; US App Store spend fell 6% YoY in Q2, per Sensor Tower (www.ft.com)
1 day ago Apple Sensor

In filings, Apple acknowledges App Store regulatory changes are weighing on its $100B+ services business; US App Store spend fell 6% in Q2, per Sensor Tower (www.ft.com)
1 day ago Apple Sensor

Monzo chair Gary Hoffman is leaving after some of Monzo's biggest shareholders called for his removal following the board's decision to remove TS Anil as CEO (www.ft.com)
1 day ago

Sources: Meta and BlackRock's $14B El Paso data center project is not insured against total loss, exposing lenders to credit risks and big potential liabilities (www.ft.com)
2 days ago

An analysis of 60 of the largest planned US data centers: they could together produce 101.5M tons of CO2 per year, or ~7% of US power sector emissions in 2025 (www.ft.com)
2 days ago

AI video generation startup Higgsfield raised $400M from DST, Goldman Sachs, Liberty Global, Intel, and others at a $5.4B valuation, up from $1.3B in January (www.ft.com)
2 days ago Intel Startup AI Goldman

Singapore hopes access to advanced AI models will stem the flow of finance talent to Hong Kong, where financial firms struggle to access the latest US AI models (www.ft.com)
2 days ago Hong Kong AI Singapore

Malaysia's 6% Q2 GDP growth was powered by 7.5% manufacturing growth, driven by chipmaking, and 6.6% construction growth, supported by data center development (www.ft.com)
3 days ago Malaysia Manufacturing GDP

BlackBerry posted a positive cash position in Q1, its first cash-positive first quarter in any fiscal year since 2017, driven by its QNX and Secusmart products (www.ft.com)
3 days ago

Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq 100's 35, fueled by Beijing's tech push and an investor frenzy (www.ft.com)
4 days ago Shanghai

Effective Altruism, hit by the SBF turmoil, is drawing record funding as Anthropic and OpenAI IPOs are set to mint new millionaires wedded to “effective giving” (www.ft.com)
4 days ago IPO

Sources: China plans to soon lift a travel ban on Manus founders as the company unwinds its $2B acquisition by Meta; CEO Xiao Hong plans to return to Singapore (www.ft.com)
4 days ago China Singapore Ban

Sources: OpenAI's repeated exec reshuffles and departures have frustrated some staff as it prepares for an IPO; it disbanded its “preparedness” team in July (www.ft.com)
4 days ago IPO

Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still maintains some ties to the company (www.ft.com)
5 days ago JPMorgan

The White House announces new tariffs on drones and components, including a 100% levy on “particularly sensitive” models, aiming to cut reliance on Chinese tech (www.ft.com)
5 days ago China Drone

Sources: Anthropic's investors expect it to float at a $2T+ valuation in an October IPO and to hit $100B to $120B in annualized revenue by the end of 2026 (www.ft.com)
6 days ago IPO

Sources: Anthropic investors expect it to float at a $2T+ valuation after an October IPO and to hit $100B to $120B in annualized revenue by the end of 2026 (www.ft.com)
6 days ago IPO

Wealth managers are cutting fees and hiring staff in Silicon Valley to win over OpenAI and Anthropic workers before IPOs mint a new class of millionaires (www.ft.com)
6 days ago IPO

Research: over 53M people in China worked as food delivery or ridesharing drivers as of 2025, up 10M in two years, amid accelerating automation in manufacturing (www.ft.com)
6 days ago China Manufacturing

Sources: legal AI startup Legora is in early talks to raise funds at a $10B+ valuation, up from $5.6B four months ago; its ARR rose 50% QoQ to $150M in Q2 (www.ft.com)
6 days ago Startup AI

Researchers say suspected Chinese hackers used open-source AI agents to build an autonomous hacking tool that compromised Taiwanese government websites in July (www.ft.com)
7 days ago China Taiwan AI

How India's IT services sector, which employs 6M people, contributes ~7% of GDP, and generates $300B+ annually, is shedding jobs as AI automates formulaic work (www.ft.com)
8 days ago India AI GDP

A look at London-based AI startup Cosine, which is building a frontier model with UK government backing, as some question if it has the talent and resources (www.ft.com)
8 days ago Startup AI London

Source: OpenAI's AI Ethics Lead Chloé Bakalar departs after less than a year, following exits by the head of safety systems and an ex-head of mission alignment (www.ft.com)
8 days ago AI

Source: OpenAI head of ethics Chloé Bakalar departs after less than a year, following exits by the head of safety systems and a former head of mission alignment (www.ft.com)
8 days ago

Sources: Apollo, Blackstone, BlackRock, KKR, and other financial groups are partnering with Nvidia on a $500B funding package for AI infrastructure development (www.ft.com)
8 days ago AI Nvidia

Sources: Palmer Luckey's Erebor, a lender that aims to fill the gap left by Silicon Valley Bank, is in advanced talks to raise ~$1.5B at an $8B valuation (www.ft.com)
9 days ago

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