Russia overspends on Putin’s war in Ukraine by $28bn
Finance ministry asked cabinet in February to freeze expenditure in other areas as cost of conflict mounts
FT
Comprehensive coverage of artificial intelligence and machine learning. Insights, analysis and opinions on how AI technology is shaping the future of business and finance.
Not using AI in public services would mean ‘choosing decline’, UK minister warns
Newly appointed chief secretary to the Treasury Lucy Rigby wants to roll out technology across Whitehall
Drone start-up Stark set for €2.5bn valuation in new fundraising
German company aiming to secure at least €300mn from investors
Several BP Shareholders Found Ousted Chair ‘Challenging’
Several large investors say it was hard to arrange meetings with Albert Manifold before his removal from oil major
‘Bonkers’: the audacious plan for a 1 million-person city near Cambridge
Shiv Malik, a former journalist, conceived his vision of timber skyscrapers after chronicling how young people were struggling
Investors race to get exposure to SpaceX ahead of IPO
Net $14bn pours into funds with stakes in rocket company while ETF providers line up wave of new products
Markus Braun’s six-year detention violates his human rights
The former Wirecard CEO has been detained since 2020 without a verdict — a length almost without precedent
Nigel Farage loses viral touch to Musk-backed Rupert Lowe
Far-right offshoot Restore Britain gains traction on social media platform X ahead of key Makerfield by-election
What if remote working, not AI, is to blame for weak junior hiring?
New evidence suggests the rise of working from home has made entry-level hires a less attractive proposition
Why Britain’s fintech stars faded
Curve, GoCardless, PrimaryBid and Railsr have all sold up since the start of last year
The Kissinger Tapes by Tom Wells
Transcripts of Henry Kissinger’s secretly recorded phone calls emerge from the archive as a stark, quotidian chronicle of power during the Nixon administration
Are consumers ready for humanoid robots?
Humanoid robots are more impressive than ever before. Not long ago they would barely manage a few steps on stage before falling over but now they are chasing wild boars off the streets in Warsaw and smashing half-marathon records in Beijing. What does this extraordinary leap in engineering mean? And, now that AI is part of the mix, should we be worried about the future? Are consumers ready for the rise of the humanoid robot? The FT's Cristina Criddle reports from San Francisco.
KPMG Australia’s CEO resigns after whistleblower claims
Big Four firm says its investigations into allegations of data misuse lacked rigour
Blue Origin rocket explodes on launch pad during test
Failure comes days before planned launch of internet satellites for Amazon
Amazon scraps AI leaderboard to stop workers chasing usage scores
Senior executive Dave Treadwell tells staff ‘don’t use AI just for the sake of using AI’ as costs rise
The chip and memory stock frenzy
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
