This series features conversations between FT journalists and the technology industry’s leaders, innovators, and thinkers. In the latest instalment, Chinese AI pioneer Kai-Fu Lee talks about the competition between the technology’s two superpowers
Resources at $500bn company are being redirected from long-term research towards improving the flagship chatbot
Rocket company boosts valuation to $1tn and pays $250bn to acquire AI start-up as Musk envisions data centres in space
AI start-up in talks to raise new funds from Coatue, GIC, Iconiq and Sequoia at $350bn valuation
London-based maker of realistic avatars secures $200mn in new funding
Fundraising would transform company into UK’s most highly valued AI start-up
The latest investment frenzy is heavily concentrated in one sector
Berlin-founded group raises $350mn as it looks to expand its AI customer service agents
We are looking for those organisations that have done most to increase revenues in North, Central and South America
Takeover is largest-ever acquisition of a privately held UK artificial intelligence start-up
Biz Stone and Evan Sharp raise new funds for ‘Tangle’ as they assess the ‘devastation’ caused by online excess
Now could be the ideal environment for a service pandering to wealthy urbanites and in need of gig workers
Mega funding rounds create ‘fortress balance sheets’ as investors advise top groups to brace for tougher markets
World’s most valuable company will gain engineer who helped develop Google’s Tensor Processing Unit chip programme
Insurers including Munich Re are backing cover for AI mistakes, offering the potential to cut capital requirements
Trade Republic’s €1.2bn share deal also attracts new backers including Singapore’s wealth fund
Former UK chancellor to lead start-up’s effort to spread ‘democratic’ AI across the world
Shares in Pony.ai and WeRide have fallen since their November debuts
Deal forms part of broader tie-up for media group’s intellectual property to feature within ChatGPT maker’s products
In Silicon Valley, VCs offer both funding and advice from partners who built their own global businesses
AI start-up picks law firm Wilson Sonsini for what could be one of the largest public offerings ever
The pandemic forced tech founders to record messages when fundraising, now slick trailers are becoming the norm
Cloud companies and developers rely on lossmaking start-up to repay huge loans
Venture capital dealmaking on Sand Hill Road is still frenzied despite falls in tech sector shares
Contract with start-up Zipline comes as state department pursues commercial deals for overseas development