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Friends From the Old Neighborhood Turn Rivals in Big Tech’s A.I. Race
Demis Hassabis and Mustafa Suleyman, who both grew up in London, feared a corporate rush to build artificial intelligence. Now they’re driving that competition at Google and Microsoft.The New York Times - Tech -
Dolphins owner Stephen Ross turns down $10 billion offer for control of team, stadium and F1 race, per report
Ross said he wants to keep the control in his familyCBS Sports - Sports -
Australia Cracks Down on Foreign Cash in Critical Minerals
Yahoo News - World - Australia -
Hamas and Fatah Officials, Longtime Rivals, Met in China
The Chinese government did not say when the talks between the main Palestinian factions were held. Expectations for progress were low.The New York Times - World - China -
BBVA reveals Sabadell bid valuing rival at €12bn
Terms of takeover bid to create Spanish banking giant set out during public holidayFinancial Times - Business -
ChatGPT’s chatbot rival Claude to be introduced on iPhone
Challenger to market leader OpenAI says it wants to ‘meet users where they are’ and become part of users’ everyday life. OpenAI’s ChatGPT is facing serious competition, as the company’s rival Anthropic brings its Claude chatbot to iPhones. ...The Guardian - World -
Embraer explores options for aircraft to rival Airbus and Boeing
Brazilian aerospace group studies plans for narrow-body passenger plane or long-range business jetFinancial Times - Business -
Lumen’s stock gains after beat on free cash flow
Lumen’s CEO cited “expected headwinds” in the latest quarter’s results but the company maintained its full-year outlook.MarketWatch - Business -
Italy to present hiring incentives, cash giveaway before EU vote
Yahoo News - World - European Union -
House passes Israel cash, sending full foreign aid package to Senate
Politico - Politics - Israel
More from Financial Times
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Fed chair Powell signals that rates will remain higher for longer
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goalFinancial Times - Business - Federal Reserve -
The limits of what high interest rates can now achieve
We need to be realistic about what monetary policy can and cannot doFinancial Times - Business -
Global inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - Business -
Berkshire after Buffett: can any stockpicker follow the Oracle?
Ted Weschler and Todd Combs stand to take over a $354bn portfolio from the world’s best-known investorFinancial Times - Business -
The second coming of Ed Miliband
Labour’s shadow energy secretary could be among the most powerful — and radical — of Starmer’s close alliesFinancial Times - Business