Latest in FirstFT: Chinese tech groups expand AI teams in Silicon Valley
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AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.Business - CNBC - October 23 -
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Microsoft's GitHub expands beyond OpenAI, lets developers use AI models from Anthropic, Google
GitHub is giving software developers more choices for its popular coding assistant, meaning they won't be limited to models from OpenAI.Business - CNBC - October 29 -
Box continues to expand beyond just data sharing, with agent-driven enterprise AI studio and no-code apps
Box debuts its largest set of updates ever, with agent driven enterprise AI data studio and no code apps.Tech - VentureBeat - November 12 -
Pro Women's Hockey League announces plans to expand by 2 teams for 2025-26 season
Pro Women's Hockey League announces plans to expand by 2 teams for 2025-26 seasonSports - ABC News - October 29 -
Germany’s chip ambitions hit after US tech group shelves plant plans
Chancellor Olaf Scholz’s industrial policy comes under attack following decision by WolfspeedWorld - Financial Times - October 23 -
Head of Australia’s largest listed tech group quits after reports on private life
Billionaire Richard White steps down as WiseTech Global chief following 20% fall in company’s sharesBusiness - Financial Times - October 24 -
Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft
As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.Business - CNBC - October 24 -
Chinese AI startup takes aim at OpenAI's Sora with image-to-video tool launch
Beijing-based Shengshu Technology updated its artificial intelligence-powered text-to-video tool Vidu for generating videos based on separate images.Business - CNBC - 5 days ago -
Chinese autonomous-driving company Pony AI steers toward U.S. initial public offering
Software maker plans to trade on the Nasdaq under the symbol “PONY.”Business - MarketWatch - 4 days ago -
Team Meta? Team Alphabet? A noted tech analyst weighs in and so does Jim Cramer
Cramer sees merit in MoffettNathanson's buy calls on Alphabet and Meta.Business - CNBC - 6 days ago -
Anthropic, Amazon, and Palantir Team Up to Bring AI to the Defense Department
Government workers will be able to sift through classified information up to the ‘secret’ level using AI.Business - Inc. - November 8 -
Peter Thiel’s Founders Fund leads $500mn fundraising for AI cloud group Crusoe
Deal values infrastructure start-up at $3bn as it benefits from spending surge on generative AIBusiness - Financial Times - October 29 -
Voting rights groups worry AI models are generating inaccurate and misleading responses in Spanish
With just days before the presidential election, Latino voters are facing a barrage of targeted ads in Spanish and a new source of political messaging in the artificial intelligence age: chatbots ...Tech - ABC News - October 31 -
Wall Street frenzy creates $11bn debt market for AI groups buying Nvidia chips
Huge loans for ‘neocloud’ groups raise concern over chipmaker’s dominance of artificial intelligence marketBusiness - Financial Times - November 4 -
Ways to target – or avoid — Big Tech and megacap stocks via ETFs amid AI frenzy
“The shape of the U.S. equity market has undergone a massive change over just the last few years,” says BlackRock’s Rachel Aguirre.Business - MarketWatch - October 24 -
From nuclear to quantum computing, how Big Tech intends to power AI's insatiable thirst for energy
A huge upswing in the number of data centers shows no signs of slowing down, prompting Big Tech to consider how best to power the AI revolution.Business - CNBC - November 4 -
Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in a first-of-its-kind deal.Business - CNBC - November 4 -
Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.
Tech giants are investing in the development of "sovereign" AI models in Europe to reduce the region's dependence on largely U.S.-controlled infrastructure.Business - CNBC - 5 days ago -
It's 'liquidity, stupid': VCs say tech investing is tough amid IPO lull and 'nuts' AI hype
Venture capitalists at Web Summit say the hunt for liquidity is getting harder, despite "nuts" funding rounds for AI firms like OpenAI.Business - CNBC - 5 days ago -
Chegg, Once a Hot Education Tech Startup, Now Battles AI Chatbots to Survive
The AI revolution already claimed hundreds of jobs at the online tutoring company. Now it could save its business.Business - Inc. - 5 days ago -
Tech investor Xavier Niel urges Europe’s AI start-ups not to cash out
French billionaire warns that if region misses AI boom it will be ‘a very small continent abandoned for a few generations’Business - Financial Times - 2 days ago -
Chiefs' Patrick Mahomes, KC Current ownership group vying to bring WNBA team to Kansas City
Mahomes is trying to land a WNBA expansion franchise for Kansas CitySports - CBS Sports - October 30 -
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FirstFT: Decision day in America
Also in today’s newsletter, Boeing workers vote to end strike and Ukraine encounters first North Korean troops on the battlefieldWorld - Financial Times - November 5 -
Scale AI Exec Michael Kratsios to Rejoin the Trump White House as Part of Its Transition Team
The former Trump White House CTO joined the data labeling startup in 2021. It has been accused by contract workers of vague payment policies.Business - Inc. - 6 days ago
