Finance

London-based Olix targets development of AI chips that are faster and cheaper than Nvidia’s

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Activist hedge fund Elliott Management has built a significant stake in the London Stock Exchange Group, as the UK company contends with fears over disruption from AI and a lacklustre listings market. Elliott has been … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The CBI’s new president has criticised the government’s strategy of taking direct stakes in businesses, saying she doubts whether it attracts private capital. Cressida Hogg, who is also chair of defence group BAE and senior … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nine people have been killed by a suspected shooter in a rare act of mass violence at a school in a remote town in Canada. Police said they were called to an active shooting incident … Read more

A big part of female graduates’ decision to have children depends on how they expect their husbands to behave

Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. The chief executive of Centrica has warned that British electricity prices in 2030 will be higher than they were following Russia’s full-scale invasion of Ukraine, as the need for more investment drives up costs in … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A sixth co-founder of Elon Musk’s xAI is leaving the company following tensions among its technical team over demands to improve its AI model performance as the billionaire pushes to catch up to rivals such … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Canada’s second-largest pension fund said it would halt future deals with Dubai’s DP World following revelations of ties between the logistics company’s chief executive Sultan Ahmed bin Sulayem and sex offender Jeffrey Epstein. La Caisse, … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Planned UK immigration reforms would leave tens of thousands of non-working partners of highly paid migrants with no route to settlement, according to analysis that calls into question the fiscal benefits of a policy billed … Read more

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Shares in Charles Schwab, Morgan Stanley and Raymond James slumped on Tuesday, in the latest bout of selling triggered by investor concerns about the disruption AI start-ups will have on established companies. The sell-off of … Read more