Articles from www.ft.com

Articles from www.ft.com

UK Chief Secretary to the Treasury Lucy Rigby warns that rejecting AI in public services means choosing “decline”, vowing to prioritize its Whitehall rollout (www.ft.com)
2026-5-29 AI

Sources: Amazon has shut down an internal leaderboard that tracked employees' use of AI tools after workers tried to boost their scores with needless tasks (www.ft.com)
2026-5-29 Amazon AI

Doc: the EU is preparing emergency powers to intervene in Europe's chip supply chains during shortages, including by forcing chipmakers to override contracts (www.ft.com)
2026-5-29 Europe

Sources: Australia-founded Airwallex, which Keith Rabois accused of being a “Chinese backdoor”, is relocating some staff out of China amid its US expansion (www.ft.com)
2026-5-28 China Australia

Analysis: the Philadelphia Semiconductor Index, which tracks 30 largest US-listed chipmakers, is up ~75% YTD and on track for its biggest annual gain since 1999 (www.ft.com)
2026-5-28

Kirkland & Ellis, the world's highest-grossing law firm, is setting aside $500M to build its own AI platform rather than rely on tools available to its rivals (www.ft.com)
2026-5-28 AI

Sources: Uber has increased its stake in Delivery Hero to ~37% by acquiring Aspex Management's 14.6% share at a €12B valuation, after a takeover offer last week (www.ft.com)
2026-5-28 Uber

Sources: software-specialist PE firm Hg agrees to acquire Rightsline, whose software helps Disney, the BBC, WBD, and others manage IP licensing, for $500M (www.ft.com)
2026-5-27

Filing: Monzo reports its “refer a friend” payouts grew 40% YoY to £29.5M for the 12 months ending March 2026, as part of a broader £143M marketing spend (www.ft.com)
2026-5-27

Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that “controlled” products are superior to unregulated AI “slop” (www.ft.com)
2026-5-26 AI Spotify

Sources: ByteDance is offering low-priced stock options linked to growth in its Seed AI division to staff of the unit, a first, to fend off poaching from rivals (www.ft.com)
2026-5-26 AI

Sources: Uber weighs a higher bid after it approached a major Delivery Hero shareholder with a €38-per-share bid, valuing the group at €11.5B+, but was rebuffed (www.ft.com)
2026-5-25 Uber

The ECB summons Eurozone banks to a meeting on Tuesday to discuss risks posed by the latest AI models and hopes US banks with Mythos access will share lessons (www.ft.com)
2026-5-25 AI

Sources: Princeton Digital Group to sell its Chinese data center assets for as much as $1B, capping global buyout firms' retreat from China's data center market (www.ft.com)
2026-5-24 China Asset

Crypto companies prepare for the threat that quantum computers could hack core industry security, including breaking the critical code underpinning Bitcoin (www.ft.com)
2026-5-24 Bitcoin Quantum

The Trump administration plans to require most green card applicants to return to their home countries to apply, which could adversely impact tech workers (www.ft.com)
2026-5-23 Trump

Document and sources: China banned Nvidia's RTX 5090D V2 chip, aimed at gamers and animators, while Jensen Huang was visiting China with Donald Trump last week (www.ft.com)
2026-5-20 Trump China Nvidia

Q&A with Harvey CEO Winston Weinberg on launching the legal AI startup in 2022, how AI could shake up law firm business models, legal AI competition, and more (www.ft.com)
2026-5-20 Startup AI

Filing and sources: PE firm Hg has spun out €500M worth of assets from its €19B software group Visma, whose London IPO remains shelved amid the “SaaSpocalypse” (www.ft.com)
2026-5-20 IPO Asset London

Standard Chartered plans to cut nearly 8,000 back-office positions by 2030, a 15%+ reduction in support functions in hubs like Bengaluru, amid growing AI usage (www.ft.com)
2026-5-19 AI

Sources: Demis Hassabis was an angel investor in Anthropic; PitchBook and Dealroom: former DeepMind researchers founded 12+ companies since 2021, raising $14B+ (www.ft.com)
2026-5-19

Sources: Anthropic agrees to brief the Financial Stability Board on global financial system vulnerabilities found by Mythos, following a request by FSB's Chair (www.ft.com)
2026-5-18

Analysis: mass adoption of smartphones and social media may be a primary driver of declining birthrates globally, in part by reducing in-person socializing (www.ft.com)
2026-5-18

Sources: DayOne, the spinoff of China's largest data center operator GDS Holdings, plans dual IPO in Singapore and NY, seeking to raise $5B at a ~$20B valuation (www.ft.com)
2026-5-18 China IPO Singapore

King's Cross, where Google's new UK HQ is due to open later this year, has become London's new tech, VC, and AI hub, attracting OpenAI, Anthropic, and others (www.ft.com)
2026-5-17 Google AI London

Professional services firm EY has withdrawn a study on loyalty rewards programs after researchers at GPTZero found apparent AI hallucinations and fake footnotes (www.ft.com)
2026-5-16 AI

Ofcom says X has committed to implementing stronger protections for UK users, including reviewing illegal hate content within 24 hours, following a probe (www.ft.com)
2026-5-15

London-based edtech startup Multiverse raised $70M at a $2.1B valuation from Index and others as it pushes into AI training; it acquired StackFuel in January (www.ft.com)
2026-5-15 Startup AI London

Sources: Anthropic has agreed to the terms of a $30B fundraising at a $900B valuation, with Sequoia, Dragoneer, Greenoaks, and Altimeter co-leading the round (www.ft.com)
2026-5-15

Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers (www.ft.com)
2026-5-15 Energy AI Battery Ford

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