The Financial Times Ltd

Australian data centre operator pulls $5bn IPO

Nvidia-backed Firmus abandons plan to list in Sydney, blaming ‘recent market volatility and prevailing market conditions’

The UK cannot afford to waste its DeepMind dividend

A shortage of domestic capital and the lure of the US threaten the benefits of Britain’s biggest AI research success

Cyber war won’t be the same in the age of AI

The old Russian maskirovka doctrine doesn’t apply when non-human agents create uncertainty for both attackers and defenders

The long-predicted decline in call centre jobs has finally begun

Declining employment in the sector can be attributed to reduced hirings as opposed to an increase in firings

DRam demand and dramas are Asian obsessions

Voice of experience: in-house legal teams face pros and cons of AI

Companies’ legal operations leaders share some realities of incorporating the latest tech into their lawyers’ repertoire

China races to build data centres in bid for AI supremacy

Beijing is rolling out computing infrastructure at breakneck speed in Inner Mongolia

AI upends Singapore’s ‘quant Olympics’

Nigerian student Victor Ayebameru takes first place in competition that identifies future hedge fund stars

SpaceX credit risk jumps on worries over its borrowing spree

Leap in credit default swaps tracking Elon Musk’s aerospace group follows an FT report that it is seeking to raise $40bn to buy Nvidia chips

Google launches platform to create video games from text prompts

Big Tech group partners with gaming tools developer Unity as AI disrupts sector

Robust AI spending sets investors up for another bumper US earnings season

S&P 500 earnings are forecast to rise 27% against a backdrop of stock market highs and elevated longer-term borrowing costs

How AI tempts the lazy mind

The real risk of generative artificial intelligence is not that we will trust it completely, but that we will stop caring enough to check

SpaceX looks to raise $40bn to buy Nvidia chips in financing led by Apollo

Blockbuster debt deal is the latest sign of the vast spending on chips and other infrastructure underpinning AI

There is only one trade

Artificial Intimacy — Sherry Turkle’s stark warning against AI ‘companionship’

From ChatGPT to Replika, the MIT professor illustrates an alarming rise in the use of bots as substitutes for human company — at the expense of personal growth and civic life

AI models used in bank cyber attacks, warns South Korea’s president

Lee Jae Myung highlights public anxiety over what one official calls a ‘completely new kind of crisis’

Silicon Valley thinks AI will kill jobs. Economists are not convinced

Economists do not see a future without jobs, but they do see scope for rapid, disruptive change in the nature of work

Insurers brace for multimillion-dollar claims over ‘rogue’ AI agents

Insurers and lawyers weigh the cost of potential massive lawsuits and damages against the leaders of OpenAI and Anthropic